Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: patron_anejo_por_favor who wrote (96550)	4/19/2001 7:17:06 PM
From: The Freep	of 436258

<<Only question is who is being trapped...bullClowns or bearClowns?>> Again. . . why not both? Rigidity is not a friend when volatility is so. . .well. . . volatile. The assumption that everything will IMMEDIATELY turn around or IMMEDIATELY go to heck in a big ole handbasket leads to the belief that the market will go straight up or down. The bears got trapped on the way up, believing that the market was overpricing, ignoring fundamentals. The bulls got trapped on the way down. Lather. Rinse. Repeat. As someone else said. . . same as it ever was. Whether this upmove collapses tomorrow or next week or June or 2002, it will trap people. And the bottom of the downmove will trap people too. Well, only traders, of course. Those who dollar cost average in probably don't care that much. But when you watch every tick of the market (guilty!), you lose that perspective. just a freep's opinion

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