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To: MythMan who wrote (5847)2/1/2000 5:53:00 PM
From: Lucretius  Respond to of 42523
 
what deos he know... he was bearish all thru 1999 -s-

fools reign supreme...



To: MythMan who wrote (5847)2/1/2000 5:56:00 PM
From: Lucretius  Read Replies (1) | Respond to of 42523
 
compare the current selloff from the highs and the bounce that resulted to the one in 1998... notice a resemblance?

207.61.23.98

except this bounce, instead of being below the 50 dma, is now below the 200 dma...... amongst even worse technicals, even more rabid bullishness AND higher int rates AND higher bloated valuations AND here everyone fears an economy too strong where in 1998 the fear was a weakening economy.

mkts top for real when everything looks the brightest and no slow down is seen...