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To: SOROS who wrote (144288)1/16/2002 11:13:56 PM
From: Secret_Agent_Man  Respond to of 436258
 
got gold?



To: SOROS who wrote (144288)1/16/2002 11:51:29 PM
From: At_The_Ask  Read Replies (1) | Respond to of 436258
 
I believe that if it weren't for Sept. 11 the markets would be lower today than they are right now.



To: SOROS who wrote (144288)1/17/2002 12:34:48 AM
From: lifeisgood  Respond to of 436258
 
Does it strike ANYONE else as funny that 95% of everyone is bullish, yet the market can't go higher?

Actually, it makes perfect sense when you think about it. Those who are highly bullish are already fully invested and have no money left to buy more stock. When that bullishness is as prevalent as today, there are simply no buyers (or money) to drive the market higher. This is often a prelude to a significant decline.

best...

LIG



To: SOROS who wrote (144288)1/17/2002 8:15:27 AM
From: Bocor  Respond to of 436258
 
>>Does it strike ANYONE else as funny that 95% of everyone is bullish, yet the market can't go higher? >>

Yes, Part of why I stayed short into that run up recently was the discrepancy between the market and the ARMS reading. There were a few days there when the market was running that the ARMS was way over 1.0. My take was that there was a LOT of "sidelines" money rushing in, and a lot of institutions selling big blocks to the retail investors.
Just a theory, but is an explanation for otherwise unexplainable market numbers.