Magnet Effect Looms 5/5/06 12:02 PM
The inveterate bears must have been pancaked by this, and I've heard that one of the more prominent Bears is trying to organize an uprising by telephone, but Bob Prechter is currently on suicide watch and even a blunt instrument like a phone is considered verboten in his state of mind.
As for the rest of them who knows.......although I can guarantee that they still believe that they're right and the market is wrong.
Right now market is breaking out, and agree with Anthony From Brooklyn that Bulls will make a maniacal attempt to run them through all-time highs on DJIAs, the so-called "Magnet Effect."
Long Archer Daniels Midland (ADM) again, and this Soybean story does seem to be getting legs.
Stephen
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