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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (56765)	10/16/2002 4:35:00 PM
From: JRI	Read Replies (2) of 209892

Gotta admit...the best thing (to set-up mult-month rally) IMO would be for this "bottom" to get crushed, just so J3P would go "I knew it...all these Wall Street guys are full of BS"...and we would finally operate under a deep sceptical environment for weeks/months on end. As much as Shread's bull/bears % figures sounds (bull) promising, the fact that so many WS strategist/commentators/etc. are already jumping on board for the low being in (Applegate: "Bear market is over" lol).....is very disturbing. As well, there is a high no. of bulls AND BEARS talking about buying this pullback around here. AND we have yet to get those 90% down days. I dunno, call me silly, but I always thought the end of PHASE I of the bear would be like staring death in the face...

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