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Strategies & Market Trends : Waiting for the big Kahuna

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To: Jerry Olson who wrote (38739)3/19/1999 8:43:00 AM
From: donald sew  Read Replies (1) of 94695
 
Jerry,

>>>> i read that completely different...lots of bears out there predicting a crash...in fact the bull/bear/correction indicator has moved recently right to the middle, and then move up a bit last week...<<<<<

I dont agree. There are really not that many bears calling for a crash. I think most of the bears are saying to be cautious. There are just as many bulls calling for 12000-15000 immediately as there are bears calling for a crash. The majority of the bears and bulls are actually cautious. I think many want to look at the extremes and say that is the norm.

Remember the BELL SHAPED CURVE - you have the 2 extremes with the majority in the middle. I guess its only a short-coming in human nature to focus on the extremes.

seeya

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