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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: bambs who wrote (2590)3/24/2001 10:16:38 PM
From: Stock Farmer  Respond to of 74559
 
No, haven't really followed prudentbear that much.

I think I outlined the process of my education earlier.

Like yourself was once v. long tech. The finger of an insider on the pulse of the industry... it was a no-brainer. Not just CSCO. The whole tech party.

But like in my university days, I preferred to leave a street party before the cops showed up.

Lurked deep. Posted once I decided to run counter-current, and on CSCO thread because it was icon of tech. I was not kidding about sociological radar.

If you recall, my conversion from BSI infected bullish to rabid bearish was a full participation in the March 2000 correction. Thank goodness the funds got caught too and allowed me to exit intact on the "optical" bounce.

You, me, monty, chic, SO (now NYCB), etc... we all have scars from the denial-horns of the CSCO bulls. So there's a gloat factor influencing the bias.

But you are right, the radar isn't necessary any more. Not with pictures and statues of bears everywhere. Maybe it's time to run silent & deep again. But there is much fun to be had still. This isn't over. But you can probably sense the recent change? New phase has begun. A lull before storm.

One thing I am not is permanent in stance. Looking forward to seeing you in Pamplona again. Only it may be a while.

John.