So, you are a self-proclaimed contrarian and think that with so much pessimism the stocks can only go up! Call me Mr. Gloom and Doom, but I have some concerns/questions:
1. True. Briefing.com is negative and every tom, dick and Creamer is negative on stocks. -g- Then how come the market hasn't fallen off the bed, you ask. I would say partly due to stupidity and partly due to the inexperienced bears shorting stocks all over the place at or near short-term bottoms. The experienced traders know how to milk the inexperienced shorts.
2. So, you already bought with the expectations of Santa rally and the January effect. And, now you expect others to buy and bail-you out? Not by the hair of my chinny chin chin. -g- BTW, Regarding the January effect, an expert in his teens, now in his twenties, gave pretty lengthy explanation last year. In theory, he is right more or less. However, after seeing his article(s) in Dec 96, I really thought that was the end of the January effect. -g- As shameless as I am, I want you to know that this time the January effect will perhaps be no longer than a couple of days.
3. What about Asia? What about valuations? What wbout future earnings?
Above all
4. What about the fact that the bear begins when people start selling before which they have to have a change in opinion?
-Mohan |
