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Strategies & Market Trends : LindyBill's Ballroom

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To: LindyBill who wrote (118)10/3/2001 4:39:43 PM
From: Uncle Frank  Read Replies (2) of 248
 
>> I, of course, am saying, drop, baby, drop!

As a new-born dark side trader, you should be rooting for a huge spike so you can short it.

I'm afraid that your position in bearx has made you less than objective about the process, though. Based on historical quotes, you bought it at the top end of its 2 year range.

chart.yahoo.com

Due to the relatively short nature of bear markets and where we stand today, I consider it a risky play.

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