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Dear Fools,

This could be revisitation of possible "ZERO HOUR" capitulation which investors faced back several years ago.
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So is there more, or are the sellers worn out?

Hedge
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It could also be a false alarm caused by ordinary investors who are stampeded by alarmist headlines in the news and decide to sell to be safe.

Still companies have been reporting good earnings. Much depends on whether or not that continues.

Meanwhile the fat cats sit around like vultures waiting to buy at the bottom.
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Meanwhile the fat cats sit around like vultures waiting to buy at the bottom.

I resent being called a "fat cat" and a "vulture."

Larry
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If you resemble that remark, I will apologize.

Two pokes in the eye.

Moe
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