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To: Jon Koplik who wrote (125581)11/20/2002 5:56:01 PM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 152472
 
Laszlo Birinyi pointed out that "retail" short sales first exceeded "professional" short sales in July 2002

he's the same genius that champions the "Fed model", which is a total joke.

For what it is worth, that is his 100% track record (so far) end of bear market indicator

oh, so even though the market's insanely overvalued by just about every fundamental metric of valuation, the bear market's gonna go away because somebody mined one little sentiment-related data point. these same bull market apologists were calling the end of the bear market last year. it is so predictable...