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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: sun-tzu who wrote (141192)1/1/2002 6:32:20 PM
From: mishedlo  Read Replies (2) of 436258
 
You are missing the point.
What would trap the most people here?
A rally when everyone expects it, or a drop when most small shorts have covered.

I say a decent drop to sucker in the bears over 3-4 days, then a sharp rally picking all that up in half the time.

That would shake out the most bulls, crush bears that overstayed their welcome, get the funds their cheap shares of garbage back at prices they want, AND toast the most options in the process. After expiry the rally continues until all the sideline $ are in and Greenspan stops pumping.

We seem to agree except for the surprise first of Jan dip coming up. We will see.

M
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