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Re: Johnberchick post# 10062

Tuesday, 09/04/2007 9:42:06 PM

Tuesday, September 04, 2007 9:42:06 PM

Post# of 22174
John - Historically you are correct...

However alot of people are now calling for a sell-off, and people always talk based on their positions (short).

imo - the market will continue to rally till finl's report.
GS reports on 9/20 I believe.

We have had a 10% correction already, very rarely do you see 2 major corrections in the same yr. I don't count the Feb 27th sell-off - to many other things went on that day, thus the mkt rebounded fairly quickly.

Lastly Fed meeting in 2 weeks - - If they cut.."Don't fight the Fed".

Pullback yes, correction (10%)NOT HAPPENING -
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