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Strategies & Market Trends : Sharck Soup
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To: crazysob who wrote (15677)4/11/2001 12:33:30 PM
From: American Spirit  Read Replies (2) of 37746
 
It's clear you're still looking backward and expecting the same thing to happen again. If this market dips again I am buying not selling. Still many super bargains out there. Each investor/trader knows his/her own limits of risk etc. But generally speaking the rebound has begun. We may hit a few glitches and time warps but from the the bottom last week (or two) ago in techs we should be able to see a 40-50% move up without too much retracing. Therefore, the dreams of over-confident shorts who thought CSCO was going to single digits and LU was going bankrupt are dashed, permanently.
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