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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (33810)8/27/2001 5:32:44 PM
From: shasta23  Read Replies (1) | Respond to of 67695
 
Hi CLINT!

I'm standing aside here. My wife is on a little trip and i don't have to work today and could therefore waste some time on the market. But otherwise i'd rather spent time with friends or in the garden right now until more predictability comes back(if!!!).But last week every day ended on alternating extremes, either on top or at the bottom of the candles.
Now we have at least three up bars in a row...but that might be it. I try to spent so more time with the market later in September. But i have one gut feeling: people underestimate the length of this bear market! Can't tell you why i feel this way! I guess as long as we are going sideways we're marking off some time and might allow fundamentals to improve and catch up.
I have not experienced before a bear market but i don't see yet total capitulation and wait for the days where people will give their shares of CSCO, INTC etc away because they are just too disgusted with the market.

Stefan

Stefan