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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: The Freep who wrote (70974)5/24/2002 12:09:20 AM
From: 4rthofjuly007  Read Replies (1) of 99280
 
Freep, for whatever observation of SI can possibly be worth,
I have absolutely never seen people so confident that we are going down. So matter of fact that the Sept. lows will be breached. So sure that no sustained rally can occur. Not even past 1770 where we were just a small ways from last week.

Now, there is every reason to be bearish here from a t/a and certainly from a fundamental standpoint. And I noticed that the aaii poll shows about <edit>26% bulls. That is just plain sad. Granted the iaa poll shows bullishness holding as it has for a while near 50%.

With the buck tanking, gold flying, the brokers on trial, lay-offs, terrorism, and insurmountable resistance forming and most importantly >>A LOW VIX<<, I am just wondering if the outcome least expected is due to come around the corner and remind us how unpredictable the market can be.

Nah, not a chance<g>
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