Wednesday, February 23, 2005

Market According To Garp

http://biz.yahoo.com/cbsm-top/050223/db60eef5e9e9b62622e110a966465178_1.html

I'm right with Metz on this one, peakid volume on a rebound, but let's wait and see yet if it has legs......the LEMMINGS are VERY resilient, and show NO FEAR, off the cliff they gooooooooo.

SICK SOX make SMELLY FEET.

I will have better feel after tonights Elliott Wave counts what the parameters will be.

Hard to ignore a 175 point drop.......but the LEMMINGS DO!

Certainly NOTHING like 2000-2002 is possible again?

And if you think that, then you don't know Bear Market history and what is FOUND at the bottom. 6% SPX Dividend yields single digit PE ratio's. MONTHS and MONTHS of BEARISH PLURALITY.....in more than 2-3 years...I don't even think ONE!

Duratek

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