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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: fedhead who wrote (127422)10/4/2001 5:17:08 PM
From: pater tenebrarum  Read Replies (3) of 436258
 
well, my comments were more of a long term nature anyway...i do agree that anecdotal evidence of people bailing into a rally is generally a good sign.

the best way to play this if you're long is to follow the rally with tight stops imo. we're still in a high risk time frame...a PEI panic cycle directly ahead, for instance. however, those sometimes resolve in buying panics.
then there's the tax loss selling...could put quite a bit of pressure on stocks that have been weak all year.
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