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To: oldirtybastard who wrote (53487)1/3/2001 3:44:07 PM
From: Grandk  Respond to of 436258
 
Yep, had to open a position in some retailers...
HD, WMT, AEOS. I have no choice in the matter. I believe them to all be overbought, overvalued, and in deep trouble.
KSS and GPS might be joining this list by days end.



To: oldirtybastard who wrote (53487)1/3/2001 3:47:21 PM
From: chic_hearne  Read Replies (2) | Respond to of 436258
 
ODB, I'm more convinced than ever that the speculative money supply is out of whack. A drunken orgy of a rally of 15% should just not be possible, a telling sign of how sick and confused this market is.

On a positive note, all the money that's going in today will soon be in money heaven and we will be one step closer to finding a bottom. I'm clueless how many times the rinse and repeat cycle will have to be run before all is said and done. Probably quite a few times. As we discussed over the past few months when we were going straight down, we seemed to agree there was just too much cash on the sidelines looking to get back in. Well AG has given the lemmings a reason to dive in with both feet today. But how many more times must this happen before they learn?



To: oldirtybastard who wrote (53487)1/3/2001 4:29:10 PM
From: Lucretius  Read Replies (1) | Respond to of 436258
 
i didn't...