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Re: Rick Louden post# 243462

Wednesday, 05/12/2004 3:00:34 AM

Wednesday, May 12, 2004 3:00:34 AM

Post# of 704041
Now you see why despite the "pressure to cave in", I refused to do so, the sentiments are as extreme as at a major bottom in a bear market. The only fly in the ointment, is that such readings can be indicators of just a local bottom in a bear market, so far, however, the powerful Naz rally today, did not sharply reverse the sentiments, so the rally might have more to go, .....maybe I should add another indicator, when Texas suggests I bite the bullet, the bottom is in?


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