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To: American Spirit who wrote (47792)2/22/2001 1:39:33 AM
From: shadowman  Respond to of 57584
 
Strictly from a trader's viewpoint (which I'm really not), it's beginning to look too easy to short certain stocks...oh hell, almost any stock....when ever anything begins to look easy, the market seems to like to surprise.

So it wouldn't surprise me to see a bounce soon...I'm just not very optimistic about the longer term trend, Dow or Nasdaq. Fundamentals look a little too shaky(understatement).

The only reason I'm thinking this is because the obvious is never really obvious when it comes to this market.

It seems.

Who knows?



To: American Spirit who wrote (47792)2/22/2001 4:50:43 AM
From: puborectalis  Respond to of 57584
 
Even Larry Kudlow says that the economy is in horrible shape,"a mild recession".......the last thing AG wants is a global recession precipitated....we're underway(
Europe bemoans techs
Bourses retreat, technology sector
remains in the hot seat
February 22, 2001: 3:55 a.m. ET)



To: American Spirit who wrote (47792)2/22/2001 8:33:57 AM
From: moufassa7  Read Replies (1) | Respond to of 57584
 
Spirit, I hope AG runs out of patience before you run out of money. Protective stops?



To: American Spirit who wrote (47792)2/22/2001 10:58:07 AM
From: TobagoJack  Read Replies (1) | Respond to of 57584
 
Hi Spirit, Mr Greenspan cannot save the situation and here is why ...

Message 15378361

Much of the psychology on the bullish side here is similar to, and just as dangerous as, the psychology on the stock specific threads as the underlying stocks turned downward.

This is exactly how the bear market takes out its victims, one at a time, and one excruciating point at a time.

There is a time for bravery, and there is a time to run for the hills. No reason for anyone in this age of information to stick around in order to find out what the thumping noise is in the jungle. No reason to be up close anyway.

Care and caution is now called for.
Chugs, Jay