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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: mish5000 who wrote (17373)4/19/2001 5:49:19 PM
From: jjetstream  Respond to of 37746
 
<companies merely met their
downwardly revised earnings >

Exactly.....this is a point which has been lost in the euphoria....



To: mish5000 who wrote (17373)4/19/2001 5:50:29 PM
From: Softechie  Read Replies (2) | Respond to of 37746
 
Has anyone noticed the momentum going up in 10 days? It will be the same going down in few months.



To: mish5000 who wrote (17373)4/19/2001 5:55:33 PM
From: American Spirit  Read Replies (1) | Respond to of 37746
 
We've been going down for a year. This rally has just begun. There may be some profit-taking and specific sector pullbacks but I'm bullish into mid May for the next rate cut. You can short all you like, but while you're arguing with me trying to find negative evidence that everyone already priced in months ago you're losing the best trading op in awhile. It's like popcorn out there. Wait a week or two then talk about shorting. Or better yet until after the May 15th cut. Or when Softechie finally capitulates. That may be the short-term top.