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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: KyrosL who wrote (8317)9/7/2001 11:38:40 PM
From: westpacific  Read Replies (2) of 74559
 
Who is going to buy!! THE REAL MONEY - the money that controls this market is whom. They are in it for the short term but they love to SCREW the little guy.

A bounce, you bet ya - DO NOT BET AGAINST THIS MONEY - or stand to get creamed. As far as retest of lows, will not happen - why because that is what so many shorts are waiting for and still holding their positions.

Watch and learn, bear market rallies can be the most extreme, never get caught short in one or live to regret it.

We will retest the lows and break them, but in the meantime some shorts will feel some pain first and rethink being short.

Believe it or not, this has gotten extreme and everything has gotten killed, including some companies that now could be called value plays.

Too many folks just think market goes down and down and down - markets do not work that way. The short side just getting way to easy, that is time to have fear being short.

All the best

West
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