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Pastimes : all Bear Clowns Will be destroyed

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To: Chris McConnel who wrote (518)5/6/2002 7:56:27 PM
From: bobby beara  Read Replies (2) of 701
 
hey, are the bears rocking enough for a rally, yet? I'm seeing a lot of
oil-gold-overvalued-dollar-doomsday negative sentiment.<<

Chris, i've taken about a week off, and yes the bears have been rockin, i just plugged into the last 80 posts on zeev's thread and i feel like looking for the nearest ledge (but after all i'm in a single story building -lol-)

however we have broken some serious supports about 10 days ago and we are in something of a waterfall decline now and that means no knife catching.

it looked like they were buying enough puts and oversold enough for a bottom going into april 8-10th, then we got that little gap up and island reversal in nasdaq, and it's been agony for the bulls since then and no days with put/call ratio above 1, i would think we need at least one or several days w/cboe p/c ratio above one at this stage.

today we got a front page headline story about the market slide on MSNBC, sometimes that's good for a st bounce.

b
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