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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: UnBelievable who wrote (244729)6/10/2003 10:46:49 AM
From: Earlie  Read Replies (2) of 436258
 
Un:

This whole thing looks like Wiley Coyote to me, but the bulls are insane so one needs to be cautious.

The fundamentals continue to implode, almost across the board, but at the same time, Greenprint is pouring the dough into the system. Insiders are selling at historic rates, but state governments borrow huge sums to buy stcks to bolster their pension plans (brilliant!!!!!). I suspect that the market hangs in there for a bit yet, but if we get a "trigger" we will see a waterfall event. No cushions beneath this flying pig.

Meantime, the list of mortally wounded stocks just keeps on getting longer. (g)

Best, Earlie
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