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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (19934)9/4/1998 12:21:00 PM
From: WhipsawMcGraw  Read Replies (2) of 50167
 
This market is going to get hit hard today. Dow will be down over 150 by end of trading. The market is to unstable and the weekend is not a time to be long. Watch the last two hours to prove me wrong. Get short and stay short. Dow 7,000 then we are going sideways. Why does everyone assume that the market will hit a bottom and then go back up. Most times this happens we are in a "pig" mode and the market consolidates for years.

Remember, in a bear market there is no such thing as oversold. The market got over bought yesterday and today, let the selling begin.
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