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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: AllansAlias who wrote (67278)2/13/2001 3:12:54 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
well, we're also a bit biased...but we may be excused, for we have recognized the big bubble for what it is.

i think the market may have sprung a technical trap...there's just enough t/a evidence supporting the bullish case as to make shorting psychologically very difficult - the NAZ TRIN e.g. is extremely oversold...i know of a few big picture bears that have flipped to short term long because of it.

recall my old contention that capitulation will go hand in hand with technical failures, i.e. certain oscillators that have worked at identifying bottoms in the past will fail...

have no idea if NOW is the time, but the set-up is almost picture-perfect ideal....
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