Thursday, May 12, 2005

Am I bearish?

All sectors are at their lows now, including semis, networks, banks and bios. Today's pullback certainly puts me back into neutral camp. Remember, I am not bearish yet. Just disappointed. If you watched the NBA game last night between Suns and Mavericks, you will know what I mean. Suns got more than one opportunity to win the game, they just didn't capture it. They have MVP of the year, coach of the year; they play beautiful bastketball; they are young and aggressive. If they won that game, it would be perfect. I was disappointed by their defeat last night. Now I am getting the same feeling towards the market.

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