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To: Giordano Bruno who wrote (66007)10/3/1999 11:38:00 AM
From: Lucretius  Read Replies (2) | Respond to of 86076
 
typically bears cover before a significant crash and traders go the wrong way due to sentiment and share prices being "oversold".. those attempting to rely on contrarian indicaotrs (such as Ralphi A. on Tues) will likely get a nasty surprise as they will cover and go long just befroe the crash. At some point, negative press is just that, NEGATIVE. Just because the sky is blue and keep pointing it out doesn;t mean that you should believe that the masses might still think it is orange simply cause i said it was blue.. contrarianism doesn't work like that. denying facts isn;t contrarianism... facts are facts... this mkt is BLOATED. the more clwons that figure that out over the next couple weeks, the more sellers we'll get