Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Lucretius who wrote (44956)	12/6/1999 11:24:00 PM
From: wanmore	Read Replies (2) of 94695

OK......it was just a question. The tone seems like your all long but looking for any excuse to get short. Maybe (now this is just a maybe) you should just keep pulling profits off your long positions every day (via tight stops) and not be so excited about getting short just yet. Just maybe (another maybe) this thing could keep running for awhile and reversing positions with every up/down tick will only fill your brokers' wallet with commissions. Overvalued?????? sure!!! .......insanity????? SURE!!!!......... Irrational??? SURE!!! but.... are they still buying 'em???? SURE!!!!!!!!! I'll wait till I see some sign of an end (in the form of PRICE action)before I start betting on the downside again. I may miss the largest part of the BK, but I'll catch my profits on the way up. I guess my stops will keep me from being another J6P getting a 2nd mortgage on my house to pay off my margin calls.

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