To: RightWhale
A one day up market does not a bull make. Remember that some of the strongest up moves are during a bear market. They happen because legions of short players all rush to cover their positions at once.
I'm afraid this bear has a while yet to run its course.
To: Billy_bob_bob
Agreed.
To: Billy_bob_bob
True. A one-day "miracle" makes for a bear trap for dummies. If the market can manage to string together 3-5 of those, then the discussion can be begin as to whether the corner's been turned or a sophisticated bear trap has been set.
33 posted on
10/10/2002 10:00:55 PM PDT by
steveegg
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