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Re: ijeffrey post# 13685

Tuesday, 01/24/2006 11:21:23 AM

Tuesday, January 24, 2006 11:21:23 AM

Post# of 44374
How am i way off?? Please explain

Sentiment is created partially by fundamentals, partially by price level, partial by the state of the market/economy as a whole, partially by "Fools" etc etc

The term "buy blood in the streets" as Buffett would say is a sentimental reading, not fundamental generally
Fundamentals tend to lag

Second of all that guess is made by my guess that price will drop. And that news follow price, not the other way
It's an "excuse"

Third, you're right. But i'm optimistic. I think the contract is good..but i see price weakness at the same time. So either it'll be delayed or maybe some other "news" will be the excuse for price to drop

Why am I wrong this time and not the others? My anaylsis hasn't changed



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