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Strategies & Market Trends : Ask DrBob

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To: stan_hughes who wrote (59290)5/10/2002 6:26:38 AM
From: shoreco  Read Replies (2) of 100058
 
stan, Unless they hit us here at home, I personally think this "sick" market would rally on the news.....

You do have a point about not seeing a calamity on the charts and I do see a lot of similarities in the charts compared to just prior to 09/11.....

I am a firm believer that "09/11" was being priced in 2 weeks before it even happened.....

Just my paranoia I guess, as our politicians wouldn't have done that, right ???

Just like they weren't pricing in the stimulus package's 4bil to IBM....gee IBM was $120 right about then and since they didn't pass that package IBM can't make their numbers if they tried....

EOM
Shoreco

PS
I'm only talking about a bounce and not a new roaring bull, and if I'm wrong, I'll put on my bib and eat my crow.

I've had to do it before and I'm sure I'll have to do it again.
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