The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Instock who wrote (6449)	10/27/1997 8:27:00 PM
From: Ocote	Read Replies (1) of 79273

Intock and all: I worry that despite the fact that everything should turn around nicely, it may not. Sometimes events have a way of building momentum around the world in ways that seem ludicrous in a simple cause and effect analysis. Were attitudes in 29 and 87 not also at first unbelieving? Weren't economic conditions apparently very good as viewed by the experts? A little more far afield, was it rational that the assasination of Prince Ferdinand in Sarajevo could start events rolling that led to WWI? Look at the world markets today: quote.yahoo.com I am the least experienced of traders here, but I think I am going to have to take a wait and see attitude. I didn't sell low, but I may be increasing my cash percentage as soon as I rationally can, as well as covering my shorts, half tomorrow, half later. Thank God for the shorts. But if there is a significant bump up I will be shorting again(akin to buying on the dips). Ocote

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