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To: marginmike who wrote (11018)8/24/2001 12:08:20 PM
From: JRI  Read Replies (1) | Respond to of 209892
 
Well, if its a big move, then it makes sense to sit on sidelines, and wait to see real direction, no?

I scalp for pocket money, but doubles/home run hitters should wait, IMO



To: marginmike who wrote (11018)8/24/2001 12:13:07 PM
From: oldirtybastard  Read Replies (1) | Respond to of 209892
 
you know this is funny, increasingly I am seeing the only reason given by people for the market going up is the expected short covering. It's a familiar tune usually heard around message boards for scummy stocks trying to convince suckers to buy or stay in for the short covering rally...does this mean anything? -g-

won't take much to feed people's imaginations that fundamentals are improving though, they want to believe it, then I suppose there could be some real follow through



To: marginmike who wrote (11018)8/24/2001 12:15:24 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
Why does the VIX worry you? I show it at under 23.