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Re: *~1Best~* post# 568303

Friday, 10/19/2007 12:24:08 PM

Friday, October 19, 2007 12:24:08 PM

Post# of 704019
IMHO, it really has nothing to do with Pakistan..by a wide variety of measures, we were overbought and time to come down..

Not only do we now have 62% bulls and 19.4% bears, the combination of bulls and corrections is now over 80%. So go back over the past decade and see what occurred in the Nasdaq each time the bulls got up to this 62% area.

You were wrong about the breakout. Sometimes breakouts are fakeouts.

Keep up the good work, though.

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