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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (7586)9/8/2001 6:13:51 PM
From: Think4Yourself  Read Replies (2) | Respond to of 23153
 
You are right about the buyers and sellers but the perceptions can change in a heartbeat. A surprise fed cut Monday and the market would turn on a dime. Am a contrarian anyhow so get more comfortable buying as fear factor goes up. Do agree we aren't quite there yet as far as fear goes but think we are getting close. Loved the "1987 style crash coming" message that was posted last night but thought it a bit "over the top". We need a few more of those to really show the fear has reached irrational levels.

Am looking for some concrete data that says we HAVE turned. Thought the NAPM mfg data was it but the NAPM non-mfg data says maybe not. Next NAPM number is number one thing I am waiting for.