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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: t2 who wrote (93995)4/13/2001 9:26:21 PM
From: isopatch  Read Replies (1) of 436258
 
New Vision. My read is similar.

It's a Bear Market rally. IMO it's the 1st one worth playing this year.

I've been through a number of Bear Markets and never deploy more than a fraction of my cash reserves during the occasional rallies that occur within them. Though these rallies are tricky and not long lasting, they can be very powerful and reasonably profitable as long as you play them with limited and reasonable expectations.

For people with experience who know how to use mental stops, I see nothing wrong with working a rally like this.

Regards,

Isopatch
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