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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (28414)9/21/2001 4:26:32 PM
From: orkrious  Read Replies (2) | Respond to of 30051
 
Just turned on CNBC they are talking like this has bottomed and ready to rally..Not good..No fear..

Not sure I agree about no fear. There has been a lot of fear lately.

CNBC has been calling for the bottom for a year. One of these days they'll be right, at least on a short-term basis.



To: Rich1 who wrote (28414)9/21/2001 4:51:00 PM
From: ajtj99  Respond to of 30051
 
CNBC is always a good contrary indicator. I'll only watch it with the volume turned down, lest their propoganda infiltrate my psyche.

Don't you know? The lows are in! That's what they were saying last April.