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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (45674)	6/18/2003 10:19:56 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 52237

Hanging men, dark clouds, gravestones. You need to get some Prozac or somethin', dude. <g> This market is going higher till it's not. Spooky candles or not. >The investors Intelligence numbers are astonishing: 60.2-16.1< Intelligence has been pretty aptly named for the past few months. I think what you're seeing in those numbers is this: They all missed the BEST opportunity of the decade to buy stocks, last year. Then, most missed a second opportunity to buy large caps at a great price this spring. Now, they don't want to miss out again- hence the huge bullishness. We sometimes forget that once the 1/2 way-in line is crossed, the majority is RIGHT until the last sucker jumps on the bandwagon.