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

To: Electric who wrote (27218)	6/12/2001 3:02:41 PM
From: Electric	Read Replies (3) \| Respond to of 37746

For all those calling a short term bottom, what is the catalyst for this being a bottom? Did a company come out and say they are raising forcasts for the next quarter? Did we receive economic numbers that say we are getting closer to the end of this down turn? Did the fed say they are going to keep easing for the next year? This is nothing more than dip buyers, and they will be wrong. Today it is nice, but to continue to ignore cold facts only means we are still in this trading range and it makes me more prone to believe that we can go down alot more. Without fear there is no bottom. I didnt see fear today, and neither did all the other little dippsters.. To me the action of today and yesterday is more destructive than constructive. We need to digest the news, let the losers get hit and wait for good news, at least some kind of future guidance. Congrats to longs except NUFO longs..lol