EVERYONE SHOULD READ THIS:
vny.com
Its how I see things at present, could not say it any better,.... One BIG hang-over coming ....
I am also coming to a point, where I will not be defending my bearish stance from September 2000, anymore, too many serious things to consider for the future...
I good trader knows when not to trade,...also, a good business man knows when to leave a dieing none-tradable market for a few years ... I will be making my decision in the next month, or so...
I have been in this market, mostly as an investment/merchant banker and market maker for many years, but trust me gang, I have never seen it this bad for the past 20 years. And, I am reaching a point, yes, August 7, 2001, Cisco earnings and I have PUT options,..but, the effort to follow a none tradable market is not there,... hence, August 30 or the next month I will make a decision and perhaps leave trading for a year or 2...why, because the MMM ( Master Market Manipulators ) have control right now .... and will not give it up for a long while ... the ODDS are not in my favor...to make good money
Vitalsigns,.... what is your opinion?, I always like second opinions. |