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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Rajkea who wrote (96410)7/19/2002 5:52:49 PM
From: DebtBomb  Read Replies (1) of 99280
 
They clocked the sucker. They just ripped it apart. And that phony expiration pricing really did the trick to make the whole world feel that the game is rigged.

I talked to many people this week who feel completely betrayed by equities. For the most part, they were brainwashed buy-and-holders who used to laugh at my defensive selling and trading.

They are bleeding from the eyeballs and they think it is a total insiders game, and stuff like the Goldman (GS:NYSE - news - commentary - research - analysis) and UPS (UPS:NYSE - news - commentary - research - analysis) prints at the bell certainly go a long way to confirm that.

I think the depth of anger and despair about this market is so great that we can't expect anything but a feeble rally if we get a rally at all.

thestreet.com
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