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Where Are The Market Nay-Sayers and Short Sellers Today?

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Old 07-24-2002, 05:41 PM
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Question Where Are The Market Nay-Sayers and Short Sellers Today?

The market is up 488.95 points!
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Old 07-24-2002, 05:46 PM
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1 day does not make a Bull market, nor a turnaround in the economy. I am glad to see the rally and hope it is the begining of an upward trend. Watch for profit taking tomorrow.
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Old 07-24-2002, 06:11 PM
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Like I said , The companys that are going bankrupt are going to leave a huge loans unpaid , And I also believe that there are 30 to 60 more company names yet to come. The SEC knows what they are dealing with , and will slowly leak out the company names and figures over a 6 month period to avoid a fast collapse.
This is not the bottom , some investors just got excited from the Aldelphia arrests.
the list so far..
Enron
Global Crossing
Quest
Global Crossing
Aldelphia
Worldcom
GE
Tyco
Imclone
Merck
Bristol Meyers
Martha Stewart
Xerox
Citi Bank
JP Morgan
AT&T
Halliburton

I must have missed a couple.

I'm sticken to a 7100 bottom and 7700 top
 
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Old 07-24-2002, 06:21 PM
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OUTLAW Drew
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6000
 
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Old 07-24-2002, 06:37 PM
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ssherman
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Well whatever the hell happened 30 yr fixed rates jumped 1/8th mid day
 
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