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Strategies & Market Trends : John Pitera's Market Laboratory
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To: The Ox who wrote (10655)11/20/2008 1:32:47 PM
From: Jorj X Mckie  Read Replies (1) of 33421
 
well, it turns out that my fear juices don't count right now. I am about 95% cash right now and have been for several months. As JP suggested in his post, it seems like too many people are looking for the bottom, myself included.

I do think that the extreme volatility is definitely wearing down even the most hearty investors, but I would still like to see something that exceeds the 9/29 and 10/15 numbers to get a real capitulation day.

But, it may never come...maybe the market is going to throw a curveball and just do the death by a thousand cuts instead of a bullet in the head.
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