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

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To: AllansAlias who wrote (67448)2/13/2001 10:00:54 PM
From: John Madarasz  Read Replies (1) of 436258
 
it's too bad really,

I think a lot of people miss the premise that the Bullish Review contrarian philosophy is based on,

that being that you're not long because you are so bullish but rather you are bullish because you are long...

and right now especially that's a very unsafe place to be.

Longs are down right defensive and aggressive about their positions in here, I see it as an underlying sense of concern.

I just read bullish sentiment readings are still at a 14 year high, and get this... with the QQQ approaching the Jan lows, VXN volatility is 50% lower than in the Jan timeframe!

I'm going to get a banner add on Ameritrade to peddle my new bumper stickers ... "Absolutely No Fear Whatsoever" <gg>
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