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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (81666)10/9/2008 9:50:42 PM
From: GROUND ZERO™  Read Replies (1) of 94695
 
Wow, down 922.07 points... hey, this is what a bottom looks like... people start selling, and if/when the trading is halted where they are, they begin to short somewhere else just to protect their equity... but then, when the market re-opens again, their short positions get ripped in the rally that comes as soon as the markets open again... I can't even begin to tell you how many times I've seen that happen, I've been in one or two of them myself way back when I began...<g>

GZ
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