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To: Second_Titan who wrote (78886)11/13/2000 8:37:34 PM
From: isopatch  Respond to of 95453
 
007. Roger that. This market get'in downright mean and lowdown!

Turning into what I can only term a wipsaw Bear Market.

All kinds of false rallies to trap the bulls. The rally then fails and the MMs & specialists run the stops on whatever bad news happens to hit the tape. Real nasty environment to try and trade in IMHO.

That's one of the main reasons I've been a real nerd lately, and built up a fat cash position till the dust settles a little bit. If I miss the bottom, that's OK. Have no problem with someone else hitting it closer than me. Happened enough times in my career already, so why should it bother me now?<G>

I've had a good year and don't need or want to take big risks at this point. All that would do in the current volatile environment would be to only put those results at high risk.

Isopatch