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To: bill meehan who wrote (66179)10/4/1999 1:20:00 PM
From: Cynic 2005  Read Replies (1) | Respond to of 86076
 
Good point Bill. I am glad you are here for us to hold hands! -g- Re:
<<Many of them have come to depend upon "new metrics" to adjust their outlooks based upon how the market has acted during the current mania. >>

Now I know why Yardini is bearish. Being the follower of FPS systems of units, he hates metric units! -g-



To: bill meehan who wrote (66179)10/4/1999 1:22:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
Bill, there's also this strange dichotomy between bearish talk combined with bullish positioning. in recent weeks a lot of calls were bought on the OEX, in spite of the market's technical weakness. so the general expectation seems to be that we will rally from here.