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Strategies & Market Trends : MP - Market Pulse -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (1037)	8/1/2001 11:55:39 PM
From: bobby beara	Read Replies (1) \| Respond to of 1328

LG, bubble gone? stockcharts.com[m,a]daclyimy[df][pb50!b200!a7][vc60][iUb14!La12,26,9] i got one of those 12 page mailer's a couple of weeks agos, like stephen leeb or mike murphy put out, it was about how the nasdaq crash was just getting started -g- and how to make big profits on the short side, reminds me of several of those i got in the 1q of 2000 to buy tech stocks -g- i think the bottom we made a week or so ago will be a lasting bottom for a move to test the may highs, and if my wave count is correct, we should have a decent pullback that should be a buying opportunity. there are some elements missing in the sentiment picture, the public is not alarmed, showing up in high vix #'s and lack of press coverage, like they were at the december and april bottoms, but we may be in a situation where we are making a bottom where all the bulls have given up and they are not following the market anymore -g-, trader sentiment exhibited by rydex and p/c ratios has gotten near and (somewhat) near the april lows. there has been a huge amount of bad news lately that has failed to move the market down.