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To: chic_hearne who wrote (87941)3/30/2001 11:35:13 AM
From: Cynic 2005  Respond to of 436258
 
"Feeling good" does not necessarily mean "being able to act good!" Lot of good it does if I feel good about my financial prospects, yet don't spend a dime on discretionary items.

Likewise...

Feeling bearish and acting on that sentiment are two completely different themes! It is not the overwhelming bearish sentiment that brings the closure to the bear trend... It is the bearish commitments that reverse the trend.