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Re: GEN: Market Direction



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Kohath,

But buying is buying..
Since "everyone" is on vacation, once "everyone" has sold it, there's
only buyers. In the NYSE buying, was steady all day.. Were all the
buyers listening to ol' Joe..???
The INDU closed above its .786 retracement.. a high probablity that it
will go to another new high..   

I don't know many people who are bullish. Most are bearish short and
long term.. 
This list in particular has had a case of bearishitis.  In fact I
haven't seen the list so bearish in a year.  
Just my observation and opinion.
I am putting off the selling until next week. 
Don
kohath wrote:
> 
> The Commentators will say anything to keep this market moving up.  Every
> time there is a drop in the dow they get Patabaglio on there to tell
> everyone how great everything is and that this is just a buy opportunity.
> If there is any bad news you can count on Maria, Pisani, etc, to keep quite
> about it until there is no other choice but to announce it, After the market
> has tanked.
> Kohath
> 
> ----- Original Message -----
> From: Howard Hopkins <hehohop@xxxxxxxxxxx>
> To: <iceman_nrg@xxxxxxxxx>; <realtraders@xxxxxxxxxxxx>
> Sent: Tuesday, August 17, 1999 10:55 AM
> Subject: Re: GEN: Market Direction
> 
>