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To: AllansAlias who wrote (93991)4/13/2001 8:48:54 PM
From: robnhood  Respond to of 436258
 
<<"sails 'er"<

Right on-------



To: AllansAlias who wrote (93991)4/13/2001 11:44:26 PM
From: JRI  Read Replies (2) | Respond to of 436258
 
AA- An informal survey of a number of the threads I follow yielded the following results (note: I don't follow any individual stock threads...which i would assume are inclined to lean bullish, however my mixture is fairly moderate at all times...some bear, some bulls, etc..)

(1) Quite a few folks expect the rally to falter...earliest Tuesday....some later in the week....however, most don't expect a retest right yet, and more likely, a buying dip...Most everyone is looking for failure, if it arrives, to begin at least above 2000...and some even higher.

(2) A good amount of folks are expecting the rally to last a while (with pullbacks)....I am hearing 2200, 2500, and beyond.....a few weeks to a few months......almost no one wants to say that we've reached THE bottom yet however..

(3) Interestingly, no one I remember is predicting that we will go down tomorrow (and stay there....and start some sort of retrace or breaking of low)...(although Don Sew's index and a couple others are starting to flash "SELL" signals.....)Alternatively, I don't recall seeing anyone thinking we are on a straight shot to the moon either..

What does this mean? Hell if I know. Just thought I'd pass it on. (Actually, put me in the camp that expects the market to falter between 1980-2050, before heading for a retrace....but given that so many are looking for failure above 2000, to 2050......the contrarian in me almost thinks that we fail SOONER than expected...before 2000 (and maybe even 1980), and maybe even starting Monday....I am not inclined to believe the "moonshot" scenario...even w/Fed rate cut.

Then again, there is always the issue of those ridiculous gap up mornings.....Some big boys would just love to gap this sucker at 2000 and above Monday for sure...get the buzz going...

(I fully expect your reply to begin with: Like a$$holes, everyone's got one <G>)