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Politics : Idea Of The Day
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To: Tom Trader who wrote (13840)11/9/1997 10:33:00 PM
From: Nancy  Read Replies (1) of 50167
 
Tom,

<<and this
combined with the overall complacency outside of SI causes me to believe that we
don't have the kind of bottom that we saw in the summer of 1996 and April 1997. I
could of course be wrong -- but that is how I am playing it for now.>>

Wait till all longs turn into shorts and everyone thinks only money to be made is on the short side, that is when we see the bottom made in the summer of 1996.

For now, when Ike still thinks shorts are bleeding, we haven't seen the bottom yet. <g>
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