Hank,
My bear arguments;
- The China related stocks in Hong Kong are falling since a few
weeks, so soon China will dominate the headlines
- The Brasilian real will probably be the next currency that will
plunge,
- If Brasil drops, the rest of South America will go down with them,
- Still waiting for IBM to announce that the strong dollar hit there
profits, and others reasons why they missed their numbers,
- Cash-level of mutual funds are very low (so no buying on the dips)
- Dow Jones dropping through 200 day average
- On very, very heavy volume
- Dutch analists finally turning bearish last week
- The markets reaction on profit-warnings (ORCL, RAIN, NSCP)
- Sell!!! recommendation on CSCO,
- The McNabb's back on the Dell-thread
- I'm beginning to like it on the bear-side.
But of course there is also some positive news. Raymond Barneveld
(Barney, the mailman from the Hague) made it to the final in the
World Championship Darts.
Tomorrow he will meet Ritchie Burnett from Wales. It is rematch from
the 1995-final. Barney is in a dangerous mood.
Yabadabadoooooooooooooooooooooooooooooo!!!!!!!!!!!!!!!!!!
So far the usual nonsense from the other side of the ocean.
Paul |
