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To: AllansAlias who wrote (51897)	8/30/2002 4:15:04 AM
From: LTK007	Respond to of 209892

<Having said that, if bad news is getting bought, then one has to sit up and take notice. Your examples notwithstanding, I do not see a lot of that here.> i have noted a pattern since the spring of 2000 where buying on bad news is a set-up for a major take down.It is like a new CNBC suckers trap. The CNBC bozos start saying wow! that is bullish, buying into bad news, and the cliche lovers start buying into the "buying the bad news". And presto pop-o the rug is pulled once enough fish are hooked. It is like once the smart-money see CNBC pick up on something, ahha! we got another suckers trap, thank you CNBC, because we can change the rules whenever we want. GD.