Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Techplayer who wrote (57030)	10/18/2000 10:41:43 PM
From: Doppler	Read Replies (1) of 63513

TP- Thanks ! That is a great read and matches what I have been saying, and am reading from other experts. Carpino (who said to go to all cash right before the crash in late Aug) says around Oct 31st is the final blow-off. John Murphy says we are setting the stages for a near term bottom in the very near future. He however thinks we may be entering an extended bear market (an hypothesis I happen to subscribe to). Jeff PS- edit. Have you followed them for long. What has their track record been like. edit pt2- I find this quote VERY interesting----"The Commercial Hedgers (smart money) remain near record net short, while the Small Traders (the public) remain near record net long. History shows that these two positions are usually reversed at significant market bottoms (i.e. the Commercials are buying the decline, while the public is selling)"

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