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To: bosquedog who wrote (7495)12/13/2000 12:24:48 PM
From: avanti77  Respond to of 13572
 
Even if Cramer is screaming for a rally for his last 2 weeks of being a hedge fund manager.

Exactly! Sentiment at this time of year always leans toward a Xmas rally - and who knows, maybe they'll bid 'em up more. Still think it's a bear trap, and will wait it out. At the very least, think we'll retest the low. I'll re-evaluate then. Most people still talking "soft landing," and I think all those earnings warnings are indicating recession.

I'm also not so sure how quickly the fed will act, and think it's going to be too little too late. I think it's important that we all remember how many times we've been jerked around this year, and exercise caution. Needless to say, my view of the markets could be wrong!