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To: Lucretius who wrote (52143)12/29/2000 8:46:58 AM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
Yes, it's been a great run. More than made up for my ass-kicking in May/Jun. When I was calling for a new low before Christmas I think there were less people in agreement than now. We got the low and I continued to see a test of them in our future. Problem is, too many others are agreeing this time. I am quite undecided now so I will more or less stand aside.

I am also a believer in biting the middle out of a move. It would have been nice if I had been more aggressive in November, but hey, shorts have been wrong so often that it makes them naturally nervous, even in the face of compelling evidence. Anyway, the last gasps of a downtrend is no time to have a large bet-size imho.

I suppose that old-econ will just not crack until/if get data showing us that the slowdown is not just from sizzle to smolder, but from smolder to outright cold.