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Strategies & Market Trends : Classic TA Workplace

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To: NOW who wrote (55916)10/9/2002 9:46:16 PM
From: patron_anejo_por_favor  Read Replies (1) of 209892
 
<<but looking around i se nearly everyone covering and/or going long...>>

No, the Mark-to-Market guy on Stool noted the same thing (as did I). What's a bear to do? In the past with this degree of oversell, we were guaranteed a miracle 20 percent, 3 week Dow miracle ramp, at the very least! I'm treading lightly, but still staying sold. IF bears have covered and short interest is down, might be more prudent to hold some deep out of the money crash poots AND some crash up, out of the money calls as well....
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