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Strategies & Market Trends : Paint The Table

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To: Rich1 who wrote (7475)12/27/2001 8:39:58 PM
From: Jorj X Mckie  Read Replies (3) of 23786
 
Pessimism benefits a rising market. It means there are still investors on the sidelines who could become buyers in the future.

we are getting mixed signals. High short interest (likely the commercials), Low VIX, High level of Bulls....

I still contend that there is a hell of a lot of risk out there and not a whole lot of fear.

India/Pakistan look to be fingering the red button
Israel/PLO-Arab world - coming to a head
Argentina
Enron
China's economic house of cards
Japan's perpetual economic nightmare

On the other hand, it could be considered a wall of worry that needs to be climbed.
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