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


To: paulj who wrote (6180)10/10/2002 12:50:10 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 57110
 
agreed on all counts. And I don't consider this anything more than a bear market rally. Hell, this may be much less than that. It could be a simple opex rally.

I saw a few things that said "bottom", but I didn't have a bell ringing on my puter telling me that this was "it". Further, I didn't get that feeling of fear deep in my gut that says "this ain't ever gonna stop".

One thing though that I think that everyone needs to remember is that the market is forward looking. And we have just had new lows in all indices. In 6 months I expect that the news is going to be filled with some of the nastiest economic news that we have seen in a while.