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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: nsumir81 who wrote (19678)12/12/2002 4:38:06 PM
From: t2  Read Replies (1) | Respond to of 30712
 
Do you recall this many people looking for a month end rally? I don't think I saw saw much bullishness on the short term in years.

Sentiment indicator such as AAII and Investors Intelligence all support this view too.

I tend to believe we go down (from this point) in the coming weeks simply because longs are going to get nervous about what happens in 2003...and the funds will hold off on buying because of past lessons learned.


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