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Strategies & Market Trends : Classic TA Workplace

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To: John Madarasz who wrote (45404)	7/11/2002 10:09:23 PM
From: AllansAlias	Read Replies (2) of 209892

A read of the small world of boards and such tells me that this setup is not much different than the last two or three. If I were long, I'd get out quick. (Yes, I know, if everyone is thinking the same then it'll run for a while.) Even the good bears I read have bought into the "new era in capitulation". Shocking. We are so sophisticated now with our Internet and deep understanding of sentiment that we do not require capitulation? I think not. Human emotion, greed and fear, are not so easily changed. I may try yet again for a brother leg just as I have tried the last couple of times, but tonight, I don't think this was the bottom I was looking for. I am looking for a new low by Monday/Tuesday at this point. Wthdik and I reserve the right to change my mind if price surprises me. My opinion is worthless in the face of price taking out targets to the upside.

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