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To: rkral who wrote (63867)5/7/2003 8:01:08 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 77400
 
look at the last several days of toppy churning in the NYSE issues, rkal.

What does it tell you? See any upside conviction?



To: rkral who wrote (63867)5/7/2003 8:04:45 PM
From: Victor Lazlo  Read Replies (2) | Respond to of 77400
 
I guess the deal is we've reached a near term top for now. The war/end of war rally may be over.

But at the same time, a permabear stance is nuts these days, just as the permabull stance was nuts in March 2000. I really doubt the armageddon views some darth vader types on SI love to spout will come to pass.

Sure is great for comic relief, though.


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