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Post# of 704019
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late bloomer

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Alias Born 05/10/2005

late bloomer

Re: None

Tuesday, 08/16/2005 10:12:11 AM

Tuesday, August 16, 2005 10:12:11 AM

Post# of 704019
Was August 2-3 the top? SMH, QQQQ, IWM, SPY have all been down since then (DJI holding about even).

When so many high visibility bellweathers - GE, WMT, INTC, AAPL, EMC, CSCO, just to name a few - all say that expectations are too high for the next quarter, eventually the market has to start discounting that.

Interest rates and oil prices; no end in sight to the upward pressure. Absurd bullish advisor sentiment... I'm starting to wonder if this thing is gonna end ugly...

HPQ reports today. I'm short and looking for a miss and weak guidance, but I'll settle for any "sell the news" reaction. Also still short the QQQQ's.

July was mean to me, but August may make it all up....






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