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Strategies & Market Trends : Waiting for the big Kahuna

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To: HairBall who wrote (23120)8/3/1998 5:26:00 PM
From: Terry Whitman  Read Replies (1) of 94695
 
I don't know how many times I've seen that one used-"After the market digested the news, it reversed its position!" Always strikes me as an idiotic statement. How about instead: "the idiots changed their minds after they actually read the news, which shows they have no idea at all what they are doing".

New Lows today at 359- worst reading in recent history.

Anyone have an answer to the Bear Market bearishness question? Does anyone out there actually remember a bear market?

Regards,
TW
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