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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (60875)11/13/2002 11:06:45 PM
From: Bull RidaH  Read Replies (2) of 94695
 
Dr. Zero, Hi howya been!!??

You may be absolutely right about the melt-up... It SHOULD happen. But I've grown tired of being "should upon" by the market. They've got 12-gauge shotguns up to the heads of both the bears and bulls right now, and they're just pushin 'em around the ring letting them run into eachother and watching the anxiety build before they floor, decapitate and gut one group or the other like a pen of pigs.

This is not a pretty situation here, and may take another week or longer to resolve. They've got everybody spinning in circles right now. That was about the wildest action I've seen intraday on the indices today. Absolutely nuts. They're killing both sides with those type moves... Think about it... who can hold big positions for very long with those kind of drawdowns over the course of a few hours. The whole market has to be "de-leveraging" here. It's tough and ridiculous, and no sane individual should want anything to do with it. -g- Let's wait for the next sure thing, and forget about this mess. -g-

See ya,

Dave
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