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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: mishedlo who wrote (213959)1/12/2003 5:32:47 PM
From: da_cheif™  Read Replies (3) of 436258
 
ill make it easy for you...name me just one analyst who is on record looking for new historic highs this year willya??...amongst those 90% bulls you must know at least one....imean i read the financial press....and in this weeks barrons...i c more bears than bulls reported by the American Association of individual investors.....leaps put options on the spx (reflecting the bets for this year) 9 to 1 in puts...floor traders and exchange insiders buying like mad
Market vane reports 66% out of the market and valuations relative to interest rates if fundamentals float ur boat are at the lowest in history.....all this after a 2 year time out for the market to correct a 13 year bull market and the nas and dow only go back to the levels seen near 1998....take the hump out and whatya got.....bears that missed the whole thing still looking for a total collapse in the US equity market....10 k on the dow and to see this???...a laughfable thot if you even whipered such an idea after the crash of 87......as a raving bulll ....I get bored with all this...been thru so many crashes that ended up as pimples on the long term charts that its getting to be very boring.......watching all the lunatics fite the tape...all the while the weekly AD line continues to soar into historic uncharted territory....wyizat...snort
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