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Pastimes : Home on the range where the buffalo roam

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To: im a survivor who wrote (11288)9/18/2003 9:38:17 PM
From: DaYooper  Read Replies (1) of 13815
 
I'll throw out an opinion. Nothing more -- just my guess.

There is a bunch of $$$ on the sidelines that is sitting like "a deer in the headlights" and cannot believe the momentum behind this market. They await any opportunity to get in at first chance of any selloff. So I believe sellers will soon find buyers and there will be no major selloff.

All the economic news has been positive and each piece seems better than the last. Topping it off Greenspan's greatest concern stated earlier this week is deflation. So interest rates will remain low into the foreseeable future.

Up Up and Away. But then I'm always a bull and an optimist so don't put too much $$$ on my guess.

Rory
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