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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (2158)	9/20/2002 8:22:51 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 57110

the fact that everyone is predicting a bottom (or we've seen the bottom) make me feel we aren't even close. <g>

To: AugustWest who wrote (2158)	9/20/2002 10:51:22 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 57110

well, I have to give them some credit. Last night (Thursday), both of them agreed that the economy wasn't picking up the way that they had expected. Cramer said that he wasn't selling - he won't sell into gloom and doom and he is losing money now (which we all know), BUT, he will not commit new capital to the market right now. THEN, Kudlow said one of his buddies told him that, now that the djia broke 8000, it would probably see 6500. Of course, Kudlow says he doesn't agree but that's what he heard. It's the first time that I've heard them sound honest, and I actually thought we would rally today because of them giving in. -g-