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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: Lost1 who wrote (14439)	2/13/2002 8:56:48 AM
From: mph	Respond to of 23786

the market generally heads up if I fail to buy what I should have. It goes down if I decide incorrectly in the other direction. I must be the ultimate indicator.<g>

To: Lost1 who wrote (14439)	2/13/2002 8:58:50 AM
From: Jorj X Mckie	Respond to of 23786

What is your logic in seeing them as less and less bearish? What I am thinking is that nothing moves in a straight line...not even an economy. So, just because we have some companies who are saying that they may see some reason for optimism, I think that it is a temporary situation. I think that as long as we have both corporate and consumer debt overhang that is at unreasonable levels, any recovery will be muted. I honestly believe that we need to raise interest rates as an incentive for people (and businesses) to start paying off debt. As a short term indication, I don't see anything bullish about the charts that I posted. They are set up perfectly to be shorted. Mainly because the stops are very clear and the path of least resistance is down.