Replies to post #27446 on RespireRx Pharmaceuticals Inc (RSPI)

[jerrydylan]

bigworld, Where do you get your ammo for the prognostication for such an S&P wammy just ahead , fundamentals( I agree!) technicals? ....The rally began from an oversold level but it seems to me the last 30 or 40 points of S&P are synthetic, being walked up by the unseen hand with an agenda. It doesn't take much to see the 2nd quarter will be the best this year, look @ the cost cuts and lower tax rates-revenues lagging but beats on bottom lines. That is what is going on and it is not positive for long-I have subscribed to Robert Prechter's Elliot Wave Theorist off and on and he believes the worst is yet to come.