Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: sun-tzu who wrote (137167)	12/5/2001 8:48:06 AM
From: John	Read Replies (2) of 436258

just a trader who has seen this* BS time and time again.* (emphasis mine) Agreed. But an expanded portion of the "this" you refer to includes capitulation statements or observations from bears like the one you just made. I honestly think bears are being set up right now, and that December will end up considerably weaker, especially on the tech side. I believe the only reason we haven't broken to the downside yet is because of the massive short positions, especially in options and other derivatives. Just my opinions, of course. A few more 3-5% NDX up days should swing the pendulum, but it never quite works out that way, does it. ;-) Good luck. John

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