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Non-Tech : Invest / LTD
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To: Lucretius who wrote (2169)8/27/1998 9:07:00 AM
From: Thean  Read Replies (1) of 14427
 
LT - I agree with the complacency issue. Again I congratulate myself fortunate to have gone through the driller experience and be able to learn a big lesson from it. In many way I much prefer a prolonged weakening just like the one for the drillers because this is a slower grind to shake out confidence one by one. If we have a crash or crashes, the next thing is panic buying and confidence restored within a week which makes the life so predictable for those buying on the dippers. Let's see how today shake out.

Supports for SPX - intraday 1056, close 1065. Yes, these are magic numbers.
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