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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (42356)2/8/2001 8:02:21 PM
From: dennis michael patterson  Read Replies (2) | Respond to of 42787
 
>>this is the bear blow-off period.<<

how can that be true given the AAII numbers?



To: bobby beara who wrote (42356)2/8/2001 9:28:24 PM
From: Paul Shread  Read Replies (4) | Respond to of 42787
 
Given that two rate cuts have marked a major bottom 95% of the time, and the bullish price/volume action, I can't see the bearish case here. I certainly can't see new lows; maybe a retest at best. I agree the fundamentals are crappy, but the market always bottoms before the fundamentals improve.



To: bobby beara who wrote (42356)2/8/2001 10:57:19 PM
From: Casaubon  Read Replies (1) | Respond to of 42787
 
BB,

I don't think it's going to blow off. They're just going to dollar cost average it down all the way. JMO.