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Strategies & Market Trends : P&S and STO Death Blow's
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To: Softechie who wrote (15282)11/15/2002 3:08:26 PM
From: jtech  Read Replies (1) of 30712
 
Well,the best time to short big is when the market is thinking its breaking out and the shorts are afraid to short.Over the last 5 years the dollar has only been this low in oct 1999 /july 02/ and today.Both those times the market hit bottoms.
Whats wrong with today is everyone thinks were breaking out but I think were getting ready to hit a new low really quick.The market should follow the dollar.The low should compare to 10/98 just as the USD hit a multi year low then.
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