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

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To: Junkyardawg who wrote (62042)12/19/2000 11:14:31 PM
From: Jorj X Mckie  Read Replies (2) of 63513
 
At this point, I don't think that the bears or shorters have anything to do with the direction of the market. This is all bulls who are getting spooked. At some point we are going to be very thankful for the direction that the shorts provide. They are the ones that provide the cushion and fuel the recovery rally.

I agree that greenie has done too much fiddling with the interest rates. I believe that the action we are seeing is akin to when you are driving in the snow and you skid a little bit to one side and then you over correct to the other and the the car slides way out to the other side and then you over correct in that direction and then the car slides right into a ditch.
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