P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: Justa Werkenstiff who wrote (12119)	10/24/2002 2:48:43 PM
From: t2	Read Replies (1) of 30712

Justa, I guess you are expecting this market to take a sudden downturn. How do you factor in that techs had outflows all year and so many believe that November is the time to buy? That could be the key..under-ownership of tech along with seasonality. Does that not delay the drop? That is, we see an up going into November ,or at the worst, sideways action. That would mean shorting at current levels a bit risky. After dumping some longs, I am just waiting for another buying opportunity on weakness. Current levels (1300-1310) looks like a good time to go long again. Buying weakness seems to be the pattern lately.

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