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Pastimes : bear klowns destroyed vs 3
GE 307.27+0.7%Nov 7 9:30 AM EST
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To: ru2 who wrote (51)9/12/2002 9:30:43 PM
From: bobby beara  Read Replies (1) of 169
 
we rallied into the sizeable down post-labor day, tailed into it yesterday, and gapped down today putting in something of an evening star formation and a lower high off the august high.

so far it looks like we have put in a lower (but not yet a) lower low from the august high and the bears are back running the show, don't see any reason to start the BKD vs 4 until we are at or below the july lows and there is a bear on the cover of rolling stone and the playmate of the month fold-out is a luscious shot of her on a bear rug -ggg

there are no general opinion consensus to fade, the rydexers are hiding in bunkers, the option buyers got real carried away going long in august, the aegean experts are dead nutz even bulls and bears.
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