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Strategies & Market Trends : Raptor's Den II
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To: ajtj99 who wrote (642)4/24/2003 5:59:58 PM
From: Lone Ranger  Read Replies (2) of 3432
 
aj,
Time for a contrary thinking check up. If the trend has changed, these people are right. During a trend the masses are right and its at the turns that they're wrong. So just as I expect the vix to go lower once this correction is over, it won't surprise me that bulls become larger in number as equity prices rise. All we have to do is think back to the late 90's to see how bullishness can be rampant but we still continue to rise. This should be a short term correction and as far as that goes these numbers are good as they should facilitate this correction. We need to shake some peaches from the tree.
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