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Politics : High Tolerance Plasticity

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To: MetalTrader who wrote (7368)9/4/2001 11:38:15 PM
From: Warpfactor  Read Replies (3) of 23153
 
Metal Trader,

<<hmmm...does anyone else smell hope burning?>>

I must admit that I felt totally bummed about today's late tanking - I saw a 5% swing in my port. I've decided to just doggedly hang in there with my tech holdings. I had been trying to prance and dance in and out, but it took lots of effort with marginal results.

The ARMS Index has seven days remaining in which to produce a bottom. Given the media attention this indicator has been getting, I would not be surprised if it were being manipulated or played by the hedge fund gang. Assuming there are others like me out there who have gone long based on this indicator, I could see a final washout occurring, say a day or two after the 20 day threshold has expired. People will conclude that the indicator "did not work" this time and bail out in droves, completely ignoring the fundamental basis of the ARMS indicator.

Warp
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