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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (187134)8/12/2002 9:50:00 AM
From: MythMan  Read Replies (2) of 436258
 
>>Laszlo Birinyi, global trading strategist with Deutsche Bank (NYSE:DB - News), believes the stock market indexes have reached a low point. Backing his argument, Birinyi noted that the public, beginning in mid-July, was shorting more shares than professionals. Also, Birinyi believes the markets, despite some bad earnings reports, fared well in the past few weeks as investors looked beyond the short term. This long-term view is encouraging to Birinyi.
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