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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Silent who wrote (24212)11/15/2001 2:14:05 PM
From: Oral Roberts  Respond to of 52237
 
Must be a boring day in the market:)



To: Joseph Silent who wrote (24212)11/15/2001 2:39:52 PM
From: TechTrader42  Read Replies (1) | Respond to of 52237
 
You forgot burquan-stocks, fashionable stocks that run with the market.

Well, I think we've seen the pullback today. Now the buying can resume, I suppose. Full speed ahead -- valuations be damned.

I don't know why John W. gets so perturbed by the occasional grumbling cautionary note from impoverished shorters, since the cause seems lost at the moment. He and his indefatigable crowd of obliviously optimistic buyers have kept the market up, so what's the big deal if a few poor beggars natter on about valuations and economic uncertainty? We're just the homeless wretches wandering the market's busy streets, screaming inanities at the busy passersby.

Isn't it enough that the market is finally moving in one direction? Does thought have to tend in one direction, too?

But seriously, I wonder whether he realizes that it's the shorters who've been keeping the market up, with their short covering.