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On Tuesday, Jun 10, 2003, at 13:06 America/Phoenix, Norman Winski wrote:
CNBC is starting a 'special series' today, Getting You Back In The Market....at
the top. <G> Don't ya love it?
Regards,
Norman
But who is watching CNBC? The sheeple or the semi-pros? I gotta believe that the people CNBC is trying to "serve" aren't there.
I noticed this with Friday's trade, everybody knew to short because we all had time and were made aware of the opportunity because of all the boards, rooms and chats that we utilize during the day.
What I find interesting is the recent talk of 90% bullishness out there, well if the market were to break, you'd only have 10% out there applying pressure. Monday's volume tells the real story. Since CNBC is doing a piece about getting folks back in, something ain't right within the market place and the sentiment.
So the market make-up isn't what the semi-pros are familiar with, and if that's the case, the wall of worry is a few feet higher...
Bantz, long the wall, short the worry...
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