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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (15137)9/30/2001 4:29:01 PM
From: skinowski  Read Replies (1) of 209892
 
I know exactly when the market will put in a solid long term bottom… it will happen after I sell whatever few holdings I still have in the LTBH part of my account <g>

The bottom will occur when people like me will eventually get it through our thick skulls that ANY holding in this Bear market will result in losses, no matter how cleverly chosen and entered.

Honestly, I am not ready to do it yet. I would like to sell into the ABC rally, which I expect will retrace the Bear up to date. (Of course, what I have just said is an argument, that whatever Wave 5 down is currently unfolding, it is likely to extend <g>)

I have not been trading. Working in NYC and living in the suburbs, things were simply too stressful. Will gradually get it all together and get back. AK
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