News Focus
News Focus
icon url

ogm

06/27/05 9:15 AM

#404405 RE: Bearmove #404403

Markets are all down YTD. Flat over the past 2 years. Where are the bulls making money exactly ? Why so much optmism ?

I doubt that many bulls sold. Look even at Ihub boards, how everyone turned bullish. And started posting ever increasing price targets for the new highs. But this 2 day drop is real bull trap on DOW and S&P, for a lot of people.

Did you feel that people are concerned at all, or there has ever been discussion of a possibility that this run has gone long enough ?



icon url

Joe Stocks

06/27/05 9:30 AM

#404413 RE: Bearmove #404403

>>As for short interest representing longer term sentiment, this is simply not true.<<

How do you figure?? If it was shorter term it would be more volatile and that the report is so dated would make it worthless.