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To: Shack who wrote (22103)11/21/2001 10:46:28 PM
From: AllansAlias  Respond to of 209892
 
Yes, tomorrow when you are working on your long-term musings, I will be trying to figure out the following:

How can we get more downdraft here but still keep an overall up sequence in play that goes into early/mid December before the fall. I remain convinced we'll make it that far, but I am also convinced at this point that the bulls need more of a scare to allow for us to point up again into that timeframe.

The alternate here is that we die from here. That's always an alternate I suppose, but as I said in my scenario posting last week, all one can do is get short [this week] and see if the expected pullback turns into something more. I am not covering on this decline yet.
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I can't help but wonder what will happen on the coming move down. Everyone wants to buy the dip. And everyone can't be right. What happens when everyone is in?



To: Shack who wrote (22103)11/21/2001 11:32:43 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
Just doing some reading I don't normally do in the run of a week. I am glad I don't look at fundamentals very often. This market is so overvalued it's stupifying. It is very likely the most overvalued market in history. Before this is over, the bear will chew up nearly everybody.