perceptions of the dow, page-7

Hardmano,

I agree 100% with you.

Actually there are still too many bulls out there all not wanting to miss the next leg up.

JGPM

Writing is on the wall for the bear market to end.

On what writing is that?

The real effects are now just starting emerge as to how bad the real economy in the states is going to get. There is still a lot more left to play out yet in this bear market.

People try to prices in worse case, but when the numbers will actually come out (GDP in 2 weeks time) traders will then see how bad it is. This is so typical of 01-03 when the real effects of Sept 11 took months to wash thru the sharemarket.

Cheers