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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: pater tenebrarum who wrote (57634)8/20/1999 7:55:00 PM
From: Charles P. Hubbard  Read Replies (1) of 86076
 
I understand it can't end until all the bears throw in the towel. You guys on this thread may just be the last to capitulate to the bull. I hope so, because I have been a bear for a long time, and am getting real tired of all this market insanity. Last year at this time I was way ahead playing shorts and buying them back on the dips, but now the uptrends are killers and the dips are short and shallow. I can't make myself play the long side here, because of the fear of not making it through the exits when the damn collapse comes. But at my age, I may never see it. The only way I can sleep now is with about 80 to 90 percent cash and a few very cautious positions.
In all seriousness, I have seen enough to know that this insanity will not last, but the idiocy is so perverse and well entrenched that the end may well be a sight to behold - sort of like a super-nova. I keep reading you guys and appreciate all your work and sharing, but I tend to believe that FA is obsolete and TA is sort of like religion; all faith with no knowledge. This whole thing is a real crapshoot. I keep watching because the final scene will be a once in a lifetime event.
I don't post much, because I don't feel that I can add to what is already being posted, but I do appreciate all your fine work. Please keep it up.
CPH
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