William, I agree with you. . . 2 Trillion in cash is impressive.
"I prefer to trade. To park money is in effect giving up, and there are many things to exploit.
And when things do turn up for the markets, it would be a good thing to already be long, rather than trying to play catch-up, the same way buying the absolute bottom of the barrel stocks in late December and early January worked, and letting the little doggies run, some returning 500%...."
Yes, we seem to be very near the time to turn bullish once again, IMO. When short-sellers begin to get over-confident is when the bulls pile-on and squeeze them hard. I am watching for a key reversal this week and would make sure that all shorts were covered going into this week, if I were trading.
Remember those issues that pop first for highest percentage gains? They aren't always the ones you would expect. Genomes, chips, small cap beaten downs. . . .the high-fliers often get a big bounce on the first day, but these others tend to take up the slack from there.
Should be an interesting week ahead as panic sets in as new lows are made on many tech issues. Looking for manipulated surprise good news PRIOR to short-covering rally. . .to start a burst squeeze.
Sorry, Delphic. . . I believe we WILL see a V-bottom this time. . .as negative sentiment prevails. . . . also, I have heard reports from many readers here that they did exceptionally well buying the bottoms of small and micro caps in December and early January. The ones who didn't do so well, tended to have bought the same old tech names. . . like CSCO, INTC, MSFT, ORCL, etc. . . stocks I rarely ever trade.
I haven't been trading, but I plan on jumping back in when I smell the long-blood and the short-greed.
Rande Is |
