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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Bernard Ng who wrote (9866)3/29/2001 8:32:18 PM
From: Wayne Rumball  Read Replies (1) | Respond to of 11130
 
I am getting the feeling that many people are turning into "give up" mood.

I've gotten I don't know how many links to people that have obviously gone over the edge and doom and gloom web sites and hate sites.

Lots of people have taken some pretty hard hits because of greed.

I'm not sure of the timing, but as these kinds of links increase, the probability of a rally rises. The more insane people become on the wrong side of the fence, the more likely they are wrong.

Look at this (anyone looking will have to do so tonight, otherwise it will change and be meaningless)...

toplist.island.com

That's a f^&*ing mess. There is no sane reason for that. But that is not enough. We need to see something worse before we see something better.

JMO