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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (71731)11/28/2007 12:57:27 PM
From: sea_biscuit  Read Replies (1) of 116555
 
"On a side notes, I was asked this morning if foreign buying would support stock prices. The answer is that it won't. For every buyer there is a seller so "buying" never drives up prices except on the day of an IPO. Sentiment (willingness to take on risk and speculate) drives stock prices, not "buying". That sentiment is clearly waning."

Mish, at what point in the Dow would you give up on your stock-market bearishness? Would Dow 15000 early next year do the job for you? Or 16000, 17000, 18000?
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