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Strategies & Market Trends : Waiting for the big Kahuna

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To: Rarebird who wrote (50499)	3/23/2001 10:30:31 AM
From: Oeconomicus	Read Replies (1) of 94695

I think it is financially dangerous to pick bottoms in a bottomless pit and abyss. So, it's an abyss? Or, is that "only a possibility" too? Anyway, who's picking bottoms? I told you - I don't care if this is the bottom for the Naz, the S&P or the Dow. I'm not buying the Naz, the S&P or the Dow. Though, you do seem to be trying to pick the bottom as you seem to be waiting for some magical signal that it's OK to get back in. This swimmin' hole has no lifeguard, so you won't be hearing any whistle. Besides, you've already concluded it has no bottom (see above). You're making the same mistake the bubbleheads made at the top - that it is pointless to sell because nobody knows where the top is. Today's weather must be the same as yesterday's weather, right?

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