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Strategies & Market Trends : Raptor's Den II -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (908)5/5/2003 9:41:11 PM
From: BirdDog  Read Replies (1) | Respond to of 3432
 
Ok guys....lets try to be constructive here....

I think most of this has been a pump job. Most the technical people on both sides are looking bad here.

I had Lowry's telling me over six weeks ago that this is an intermediate bull. Now we are up only about 500 points on the Dow and about 150 on the Nas since this call... That's in six weeks. And Lowry's is saying that we could have a pull back? And we've hardly moved up in over six weeks.

I have to tip the scale to the bear. I really think the pre-war rally has been a pump job. They could keep pumping this thing. But are they going to keep pumping it till the election 18 months from now? They got to let up at times...I think this month is one of those times.

BirdDog