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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (108824)6/14/2001 4:12:27 PM
From: Earlie  Read Replies (1) of 436258
 
Heinz:

Indeed.

As I noted earlier, I'm becoming more aggressive. I was fortunate enough to be mostly on the sidelines for this recent rally, but it went far beyond what I had expected and now the coyote is 20 feet away from the cliff's edge. Having been smashed in the teeth badly already, I expect that Joe Five-Pack will panic much more quickly this time. Also, many funds are still massively exposed to the tech sector, so who buys the stale bread when these momentum bozos start to unload? This down leg has all the requirements in place for a brutal panic sell-off. We shall see if the sheep are really "in it for the long slide.... er, haul".

Best, Earlie
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