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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (72654)2/27/2001 8:47:27 PM
From: chic_hearne  Read Replies (1) of 436258
 
already the NAZ has begun to diverge from the '90/'91/'92 Nikkei....it's collapsing much faster! this is like the 1930/31 Dow...i've never witnessed anything like it! and there's STILL NO FEAR....

In fact, it almost seems like fear is at an all time low. At Naz 3000, 3500, or 4000 they seemed pretty sure about their bottom calls.

But now at 2200 they are talking about rock bottom, absolute bottom, it can't go any f*cking lower bottom, etc.

As a market contrarian and extreme cynic, this is the juice I need to not cover my large Crisco short even though back at $50 I'd taunt the bulls that single digits is when I'd cover, but I was really thinking I wouldn't push it too far and probably cover at something like $25.

Now I'm starting to think single digits is when I really do cover, or when they give up on calling bottoms....
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