Trend Setters and Range Riders Message Board

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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 430.29

-0.7%

Jan 30 9:30 AM EST

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To: Doug Robinson who wrote (25068)	10/23/2003 8:01:14 AM
From: Doug Robinson	Read Replies (2) of 26752

First indications of the big boys selling since this whole thing began a year ago. Amazing how many short calls were made by the bears during the last year even though those who move the markets didn't think so. The test that will come will indicate whether this move is over or if it's only profit taking by some of the big boys after a great run. These runs are normal after a big bear takes a big bite out of the public. I've noticed that some of the most frequent former posters on these boards have disappeared. Not surprising when you see their poorly timed short calls. Unfortunate but a learning process that will pay dividends in the future when it all happens again. Everyone goes through the same learning process. Too bullish around the tops and too bearish around the bottoms. Only through the personal experience of surviving such moves does one truly start to learn how the market works.

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