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Shorts need to be careful here


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#21 dcengr

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Posted 12 January 2007 - 12:54 PM

simpleton question, why is their so much bearish talk ?


I don't know.. maybe because of housing bubble everyone's bearish. I'm beginning to think too many bad memories of 2000 is actually fueling this sucker into 87 blow off (read my post regarding that).
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#22 fib_1618

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Posted 12 January 2007 - 07:01 PM

I'm beginning to think too many bad memories of 2000 is actually fueling this sucker...

Yes, it's called the "Wall of Worry"....it's been going on since the 2002 lows, and amazingly, the higher we go, the more these same memories surface.

Meanwhile, some 80% of the major market indexes are at or near all time highs.

Fascinating stuff.

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