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Strategies & Market Trends : Pitbull Investing Strategies

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To: freelyhovering who wrote (462)11/3/1997 9:15:00 PM
From: Doo   of 789
 
Myron: In my view, we are in the grey zone between a possible "failed rally" and a 3-10 day window for "follow through". We missed a "follow through" on the volume side today. We still have way too much bullish sentiment in the market, and I think we've got more correcting to do.

My point to John was, simply, when you get a bottom signal like we had last Tuesday, you better be cautious shorting the high fliers. The stocks that can hold RS and Acc/Dist through the fire storm we just saw, can bounce back and hurt you quickly.

Jeff
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