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To: NOW who wrote (49826)12/20/2000 6:05:52 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
ouch. try not to feel too bad about it...there will always be plenty of opportunity, both on the short and the long side. some stocks look quite bombed out by now, so i guess after the current panic is settling down we'll get another one of those hellacious bounces we know so well.
today declining to advancing vol. on the NAZ was 10:1...if not for the sentiment and cycle data, i'd be inclined to smell a bottom. in fact, i think a bottom of sorts is very close in time...price is another matter.



To: NOW who wrote (49826)12/20/2000 6:10:52 PM
From: yard_man  Respond to of 436258
 
that's the way I felt in 98 -- when Greenie resuced the markets -- had great profits in that rapid decline -- loaded again on the bounce, but not nearly high enough and lost all my profits ...

was a real nice fellow around here that was very bearish on the markets then -- Joe G -- he hasn't been back since

You can learn to do better (be more conservative) -- pick fights you can win ... I have

humility is a good thing


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