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Pastimes : all Bear Clowns Will be destroyed

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To: Jack T. Pearson who wrote (331)12/2/2001 8:53:42 PM
From: bobby beara  Read Replies (1) of 701
 
Well i shorted the mid october top based on what looked like a five wave up count, expecting a retest, but when the sNp held those pullbacks at 1050, the rydex funds started betting heavily on the short side and sNp made an ABC sideways move, i bailed on my shorts and went big long, figuring we needed another leg up to kill some of that bearish sentiment, i think we did make some kind of a top on that long legged doji day last week and the rally back up late in the week will be the first failing rally, i added to my short position Friday to bring it to 90% short -lol-.

there should be a good move out of this tight range, if it goes against me i'll fold up my little bear teepee and move on -g-
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