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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (6081)10/11/2000 8:48:51 AM
From: Bocor  Read Replies (1) | Respond to of 30051
 
You could very well be right Zeev. I think we can postulate and conjecture all day long, but the bottom line is that the market will tell us when it is done, and it has not yet spoken. Those of us who follow the market closely will recognize the signs......the high volume capitulation, then most important, the high volume buying. Might be today, might be tomorrow might be in February.
Catching falling knives can be dangerous, as seen daily. What I am buying will have no margin call selling, and is so very oversold that, even if it drops lower, it will be a 30% gainer within 6 months. Most importantly,I am staying 50% in cash until the fat lady sings!
Good luck to all in these turbulent times!
GBLX CEO resigns....what next?