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Strategies & Market Trends : Shorts waiting to happen

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To: Jim Roof who wrote (410)	8/9/1996 10:04:00 PM
From: Cadaver	of 852

Election year rule?? >> Of course, by now everyone KNOWS that a bear reversal is IMPOSSIBLE in an election year. This may just seal it. Jim, I'm assuming you are being sarcastic here. Especially because of the capital KNOWS and IMPOSSIBLE. (Sarcasm is so hard to catch without voice inflection. If not, this message will self-destruct in 30 seconds.) I'm assuming the admin will do it's best to make things look rosy in all sectors. This is not unique to America. This happens in almost any country where there are regular elections. On SYSF: I didn't short this because everybody was doing it. H&S might have failed since everybody seemed to be following it in this case. What happens is that the moment it begins to fall, someone or the other will cover. This will cause a further rise leading to further covering leading to a short squeeze. Also, if there are lots of buy stops, the mm's will go for it. Anyway, it looks like it's finally going to fall. The omen hasn't appeared yet, but it looks imminent. Good Luck Cadaver

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