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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (52773)7/10/2001 7:28:55 PM
From: GROUND ZERO™  Read Replies (4) of 94695
 
I closed out a good number of my positions this afternoon and will close out the rest tomorrow, I don't like the way these markets are behaving when they should be recovering... if the fact that I'm going back into cash isn't a sure sign of a real bottom, I don't know what is.....<g> a major influencing factor is of all the groups I've owned, some were well ahead for the year and some were real dogs (my apologies to our canine friends)... on balance, I'm back to breaking even and see no reason to take a loss over all... so, I'll wait for the next clear indication of a bottom, maybe after we test and take out the earlier lows..... I bought the futures back at those lows as I have posted here in real time and have taken those profits today, no reason to go into a losing position there either..... so on balance, I actually made a few bucks.....<g> am I becoming a bear? egads..... grrrrrrrrrrrr..... is this the time for you to become bullish.....<g>

GZ
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