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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Venkie who wrote (69573)2/21/2001 9:43:25 AM
From: AllansAlias  Read Replies (1) of 436258
 
I know beyond any doubt what you should do... stop trying to pick bottoms. Look at EyeDoc... he sits out for months just waiting for a sensible time to ease into some longs. In the meantime, his money is getting a small but positive return. EyeDoc has a healthy fear of the market, as do all good investors imo.

As a tech-bear these days, I would probably have preferred a flatter opening. You may not need to worry today as they are sling-shot'ing this thing pretty hard. NDX took out the Jan lows, but COMPX did not, so at this point I think it's a positive divergence for the bulls.
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