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: UnBelievable who wrote (22386)	9/27/2000 4:59:53 PM
From: AllansAlias	Read Replies (4) of 436258

Sell now for God's sake! -g Just did a quick scan of some of the more bullish boards. Very interesting. Look folks, we may well now be at a short-term bottom, I do not know, but not only are they not afraid to be buying this dip, they never, never discuss the possibility that price could degrade for any length of time. They will sometimes consider the possibility of a correction (a buying op), but it simply does not occur to them that we might be in a bear market. Their idea of hedging goes something like this: "My oh my, things to seem rather tricky here. I guess I'll buy calls further out." I am not arguing that we are at the beginning of a prolonged bear, but... What hubris! If one lives in the north, spends time on the water, mountain-climbs, whatever, one is taught to respect the environment you are visiting. Those who do not respect it are always humbled, eventually.

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