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Strategies & Market Trends : Longer-Term Market Trends

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To: skinowski who wrote (1914)	10/12/2008 11:48:57 PM
From: Perspective	1 Recommendation Read Replies (1) of 3209

So, you gonna try to get long here? <g> or just step aside? I'm pretty flat, but looking to sell into this rally again. Glutton for punishment I guess. It seems that the Paulson plan details are coming out, and it actually sounds a lot more reasonable than I'd feared. I think this will also reduce the probability of additional rule changes and short-sale bans in the future. I know most around here don't get into funnymentals, but heck, you can even make a TA argument on this one: why the he$$ is SCHW still north of $20?!? I just don't get it! AMTD and now JNS have been slaughtered - are the fund boys hiding out in SCHW for some reason? At 20X earnings? Like SCHW is going to get a bye on this bear. Come on... As long as I see BS like this, I think the bear still has substantial work remaining. When they storm the house, they usually get everybody. `BC

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