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Strategies & Market Trends : Waiting for the big Kahuna

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To: robnhood who wrote (7271)10/25/1997 12:37:00 AM
From: Bonnie Bear  Read Replies (2) of 94695
 
ya, nobody trades in a bear mkt. Not even bears make money.
crash is a relative term. did we have a crash today? most threads seem to think so. Is a "correction" 2% or 30%? Sympathy and hope for the people who want them to go one way or the other, yes. But the stocks don't care what we think about them, they just bounce up and down on the collective opinion of the huddled masses in front of their computers. I just see a whole lot of people going further and further into debt to buy stock long when it looks to me like stocks dressed for the coffin. this needs to come down, the bad debt is going to make this a really horrible bear instead of a trader's market. up in toronto may be different, here in US it is a big problem.
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