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To: patron_anejo_por_favor who wrote (22403)9/27/2000 6:07:52 PM
From: Roads End  Respond to of 436258
 
My sentiments exactly.



To: patron_anejo_por_favor who wrote (22403)9/27/2000 7:05:00 PM
From: AllansAlias  Respond to of 436258
 
Yup. I know that I have been posting a lot, but there is a coterie of TA types who see that we are teetering on the edge you speak of. This started months ago when we first mentioned on this thread "price sliding right to meet rising support". These lines are now joined and much fun and profit awaits the nimble among us.

4th quarter guidance: This is being priced in now, albeit slowly, and will not be a knockout blow when it comes imo. As Luc says, expect volatility. I expect many a manic pop to trap more permabulls. Some will look like good rallies.

VIX and p/c ratios do defy logic. I can only presume that history will eventually rhyme and we will have tears, lamentations, and margin calls. Maybe not this week or next, but eventually.