Maybe Bull comes a little too early

When 8th Army fought with Japanness Devil :), they hide when the little devils stormed into the countryside and only came out when the little devil left. That may partially explain why after 8 years of resistance war, 8th army came out on top-- by the measure of hom many more people they have.

If the bull wants to win this war of crdit mess, they may have to employ the same strategy. There are so many peoples afraid of missing out the rebound (me included :) ), they jump into buying without knowing whether the sky is cleared. Who could blame them, there were so many quick rebounds after a big sell off that we are intoned to buy after a big drop, especially today when the market overcome 200 points deficit.

I hope we are right again that the history(however brief) will repeat itself and tomorrow will be all sunshine.

But there are many concerns of this market, on top of the list is the total breakdown of tech. The semi-conductor has been in the dumpster for sometime, now, some leading tech firms showed sign of retreat (intc, emc, oracle etc). We could blame all it on csco. But the tech has been the equilizer of the market for sometime, and now that, that leadership is taken away, who could lead this market higher ?

Maybe tomorrow people will re-think their assesment of the csco\'s earnings, or they may realized that a lot of babies are thrown out with the bath water, then, we could see a quick rebound of the tech and the leadership role is re-affirmed. Until then, any rebound could be short-lived.