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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (14645)	9/7/2001 12:11:14 AM
From: keithcray	Read Replies (2) \| Respond to of 208838

Shorts are becoming more confident that the markets have much farther to fall and therefore are less likely to cover. There are no bargain hunters. Is that not exactly what I told you last night? And how many falling knifes did you catch today, Bunnylong?

To: SusieQ1065 who wrote (14645)	9/7/2001 6:25:30 AM
From: Crimson Ghost	Respond to of 208838

So far there has been very little public equity fund liquidation in this bear market. A lot of switching from tech to non-tech, but very little liquidation. That is one reason I remain bearish.

To: SusieQ1065 who wrote (14645)	9/7/2001 7:27:39 AM
From: ChrisJP	Respond to of 208838

Thanks for posting that TrimTabs report, Susie. Kind of agrees with my assessment. "Step 5" lol. Why buy now ? Force the people, who feel the need to sell, to sell at as low a price as possible. Historically, the way these things play out is for there to be a capitulation wave down (which I think we're in, unless there's war or a Yen devaluation or something). The shorts finally decide to take profits (mostly likely in early Jan, if they can get away with it). Then a bottom trolling descending wedge as the last of the sellers sell into every small rally. Volume will decrease. This is the period when the smart money will be stealth covering and patiently accumulating for a long term payoff. Just my thoughts, Chris

To: SusieQ1065 who wrote (14645)	9/7/2001 7:44:58 AM
From: 2MAR$	Respond to of 208838

yes thank you for posting that susie ... many eyes , many ears ! The Larry Kudlow effect today , LOL The forecast for Friday is a good possibility of a relief or short covering rally. Highly profitable shorts may want to clear the table and start over on Monday. However, last Friday, while positive did not really show a rush to cover. Shorts are becoming more confident that the markets have much farther to fall and therefore are less likely to cover. There are no bargain hunters. There will be some investors averaging down but funds will be using any bounce to raise cash and that is not a recipe for a long term rally. Sell the rally is the battle cry and until that strategy fails it will continue to create repeat profits for those who trade the trend instead of their beliefs. Definitely, enter passively, exit aggressively! could be fun today catching some bounces ...