Bull Bear Poll week ending Jan28

[spikefader]

Another opportunity for the market to tell us whether minority votes ARE worth following!

So what are you this week? Bull or Bear? Or .......... undecided?

[IIC]

I voted bearish...I think we may see the 1970's soon

[New-born baby]

Bearish

Spike,

High oil prices. Weak dollar. Soaring national debt. Astronomical consumer debt. War. Inflation fears. GM and FoMoCo bonds on the brink of being downgraded to junk status. MRK, PFZ preparing for billions in lawsuits.

Yeah, I'm bearish. What hot stock do you know about? "When they raid the house, they usually take 'em all." (Wm. O'Neill). If you are following the trend, the trend is currently down. That's my view until proven otherwise.

[Websman]

The market is going D-
O-
W-
N
.
.

[New-born baby]

1970's

I voted bearish...I think we may see the 1970's soon

IIC,
You are showing your age. What happened in the 1970's to which you are referring? Bell-bottom pants? Jimmy Carter and 22% interest? 12% unemployment? I don't remember the market too well--fill us in.

[IIC]

IIC,
You are showing your age. What happened in the 1970's to which you are referring? Bell-bottom pants? Jimmy Carter and 22% interest? 12% unemployment? I don't remember the market too well--fill us in.

Judging from your Avatar...You weren't around in the 1990's either...LOL

[New-born baby]

So THAT'S what you meant!

I voted bearish...I think we may see the 1970's soon

IIC,

Okay, you didn't get me a straight answer, so I looked it up.

"From 1977-1982, the inflation adjusted Dow Jones Industrials went from 270-100--a five year loss of 63%."

"The 15 years from the late 1960's to 1982, the unweighted stock market, adjusted for inflation, plunged about 80%. As a result, the decade of the 1970's was actually worse for investors that the decade of the 1930's."
[Note: In 1934 the Dow bottomed at 34!].

quotes from Chas. Ellis, Director of Harvard Business School

This is one time I hope you don't know what you are talking about, IIC. But I am bearish.

[RL]

iraq

Think It depends on what happens In Iraq this week.

[New-born baby]

I hope not . . . .

Think It depends on what happens In Iraq this week.

Ray,

I hope not. We know what is going to happen in Iraq:

1. Continued killing for a false religion for years to come. (It has been going on since 538 A.D., so I don't expect it to stop this week).

2. US troops will occupy Iraq for decades: (cf. Germany, Japan, South Korea, Philippines, you get the idea).

It takes many years to change people's minds and culture. Iraq, Afghanistan, and possibly Iran are very ambitious efforts to democratize people who have known only monsterous dictators for 1500 years. Not a five minute fix by any means.

3. If his initiative were to succeed, I'd be afraid! The Bible says, "When they are saying 'Peace and safety,' then sudden destruction will come upon them." ( 1 Thessalonians 5:3). The context is speaking about the coming of Anti-Christ on the scene. When a leader comes that seemingly delivers 'peace and safety' in the Middle East, THAT is Anti-Christ. World War will follow shortly. Read more in 2 Thessalonians 2:1-12; Revelation 6:1-22:21.

In short, it is possible that Bush, (who I think is a good man), will lay a foundation that Anti-Christ himself shall build upon. I don't know that; I am just saying it is possible.

[Runner]

I think we may see a bounce followed by a sell-off, Watching 38-50% fib-grid on Nas.
Seems as if good news is bad news and bad news is bad news… 50% retrace is very possible and that area is 1971 on the Nasdaq….

[RL]

I do not mean

That the war will end but If the elections come off the market may bounce a little .As for the war that will not end for at least two more generations and maybe never with terrorism In my humble opinion, HOPE I'M WRONG

[mimo_100]

optimistic for now

optimistic is 10 characters

Tim

[ytown12]

Wow - a lot of bearish thoughts

- Bearish vote in the poll
- Some saying 1970's all over again
- Some talking about The Anti-Christ.


Talk about bear feelings...

I think we are climbing that wall of worry that is needed for a rebound. Mr. Market (not the huge one) but the actual Market always likes to get everyone so optimisitc or so pessimistic and then he whacks you by going the other way of convential thinking. Here's hoping we are getting near a tradeable bottom...

[CabrioM3]

Bull but not really bullish. In other words I think we may finish up but don't see it as a bullish move just a small bit of bottom feeders thinking it is a bottom.

In addition to what everyone else said, I think oil is having some influence too. We have a few more weeks of the coldest weather. Perhaps this is the perfect storm: oil, iraq, earnings, quick jump up in the late fall early winter.



John