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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (37753)	3/30/2001 10:13:40 PM
From: TWICK	Read Replies (1) of 50167

Don't Measure a Bear With a Bull's Yardstick Most bottoms involve a retest of some sort. In other words, the V-bottom is not usually the way most bottoms are formed. Rather, it may be helpful to think of bottoms as processes, which involve time, and not events. Just like we'll never know how many licks it takes to get to the center of a Tootsie Pop, we may never know how much volume is necessary for a capitulation-type effect. It is for this reason that I still believe it is a good idea to stay cautious. thestreet.com The smart bear is hoarding cash and will go long when the falling knife has landed, when the dead cat stops bouncing, when the blood stops flowing in the streets of the non-believers. There will be plenty time to build a portfolio with the gems that will lead the patient bear to financial nirvana. lol !! Twick

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