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To: Robin Plunder who wrote (38646)5/9/2002 5:15:33 PM
From: lisalisalisa  Read Replies (2) | Respond to of 209892
 
What is it with peoples dad's?

My dad and my father in law are bullish. I rarely discuss the market with them anymore, as it has become awkward. I try not to give advice, thinking the minute I do we will have a raging bear market rally, just making things worse for them.

However my father in law, last weekend, was asking about PM stocks and thinking of perhaps taking a small position in some.....over a year after I first mentioned them (thanks to Heinz of course).

I did not see this as bullish for PM stocks however<g>



To: Robin Plunder who wrote (38646)5/9/2002 5:52:04 PM
From: UnBelievable  Respond to of 209892
 
The Point To Make To Him Is That Yesterday Was Not Bullish

A huge gain is not bullish unless it is the result of some very significant change in the economic environment. They are in fact Bearish. They are indicative of a market where price has lost its relationship to value. Gains which result from enthusiasm, hope, greed, and most of all government intervention are not sustainable.

Consistent small gains would be much more bullish.


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