Hey KeithK, since you're here...
Remember this post?
Posted by: Keith K
In reply to: randygee who wrote msg# 811 Date:9/29/2006 9:21:22 PM
Post #of 1011
Your reasoning is duplicitous in that a bear or bull could use the same logic to support their case. All you state are conjectures with accompaning broad generalities (eventual, each, every, everyone, all, etc.) and imperative commands (would have to, will have to, etc.). Wisdom/experience knows nothing with the market "has" to happen. Also, whenever someone says they "feel" something when discussing the market, that is an automatic red flag. The market preys upon this kind of reasoning. Notice how SynII here never speaks about what he feels, he talks about what he thinks. Sure there is emotion, but he keeps his mind in the lead.
What is this about??
Posted by: SyndicateTwo
In reply to: plashadpobedy who wrote msg# 690 Date:9/26/2006 1:15:11 AM
Post #of 1010
I think we're getting ready for this correction. I have a feeling that it's going to hit one of these days in a big fast swoosh when no one expects it.
You can just 'feel' it. Something ain't right out there. Rallies of magnitude have everything behind them. You can tell by the breadth, volume, shear power of the market and how nearly every stock moves up. There is nothing like that here, yet the market just plows ahead on near nothing behind it.
I did hear today on CNBC that there was a rumor that some of these hedge funds are starting to get a more scrutinized look by some of their big investors as Amaranth woke many up. The theory is that many are heavily short the market and are now covering to recoup some of that capital to have for redemptions. Who knows.
The market's the biggest rumor mill out there. Whatever it is that's pushing the market up, it's most likely not going to get too far this way.
Please, serious answer would be appreciated since you discount my creditbility vs you boy syn..
