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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (2130)1/29/2001 12:25:40 PM
From: Junkyardawg  Read Replies (2) | Respond to of 15481
 
I posted this post on WSI this morning.
Whacha think?

Here is my point;
Almost every person I talk too or read on the internet and almost every analyst says the fellowing
1.If we not cut the market sells of hard
2. If we get 25 pt. cut the market sells of hard.
3. If we get 50 pt. it is factored in and we sell off.
4.If we get 75 pt. that would cause a panic and the market crashes.

Ok, how can everyone be right?
With this scenero no matter what happens this market goes down and every single person (or at least almost every one) that is in the market makes money because they said the market goes down and it goes down.
It has been my experience that the masses are almost always wrong.

We will see.
If we get 50 I think we run hard.
I don`t think there is a snowballs chance in a hot place that we get 75pt but if we do I say the market goes nuts. Nasdaq +400 on that news.

dawg