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To: Trumptown who wrote (286094)5/4/2004 1:02:55 PM
From: Lucretius  Respond to of 436258
 
lol.



To: Trumptown who wrote (286094)5/4/2004 1:03:44 PM
From: Michael Watkins  Read Replies (2) | Respond to of 436258
 
You know.. the charts suggest the surprise move is UP, but so many people expect up, I have to wonder if the surprise move won't be down...

And when you look at some sectors - SOX for example, its hard to imagine everyone long those stocks not expecting a bounce - they are all praying for it now.

LOL

Currency speculators are preguessing direction; Gold is therefore too... seems all sides all sector players have placed their bets, all expecting currency down, gold up, markets up. Bonds down.

It should be wild this afternoon.

and it would be fun if most of them are caught off side LOL