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To: John Graybill who wrote (36039)5/26/2000 12:19:00 PM
From: pater tenebrarum  Respond to of 42523
 
sure...but the bearishness is getting pretty thick nonetheless. lots of strategists are all of a sudden looking for more downside before we're going to go back up. imo that either means there is no more short term downside, or we're not going to go back up again at all.

what's definitely NOT going to happen is what the majority of people now predict. e.g. Ralphie with his 'more important low' in June. that guy is ALWAYS wrong...