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Strategies & Market Trends : Ask DrBob

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To: stan_hughes who wrote (40894)7/20/2001 9:52:07 AM
From: jpdunwell   of 100058
 
Stan, yup, frustrating, and why I'm sitting it out for now. I'm predisposed to the downside, and think the chop will probably tend to trend down. Any significant upside from here would provide good shorting opportunities, in my opinion. My worst nightmare is that this becomes mostly a time-based correction instead of a priced-based correction. If we're really unlucky, we'll get both, with the long time-basing occurring after another vicious leg down (seems probable to me).

JP
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