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Strategies & Market Trends : John Pitera's Market Laboratory
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To: ggersh who wrote (10667)11/20/2008 9:11:53 PM
From: Jorj X Mckie  Read Replies (2) of 33421
 
well, that's supposed to be the distinguishing characteristic of a bear market...everyone gets hurt, including the bears. If that's true, then who is there to buy at the bottom?

Y'all will know it is time to buy after I decide that we finally have hit bottom and I put all of my cash in ITM YHOO call options and then the market drops again such that I lose every dime. Then we will have a meaningful bottom.
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