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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (561)8/24/2001 1:45:16 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 36161
 
Ominous that OSX not participating in today's strong market rally.

Looks like the bulls have grabbed the bit and may be able to keep the rally going another week or so. But the ensuing drop probably will be worse than it would have been if this strong bounce had not occurred.

I had thought the market might make a decent bottom this month. Now it looks like September/October. With VIX down to 22 irrational exuberance has returned with a vengeance.