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To: LLCF who wrote (143684)1/14/2002 7:47:12 PM
From: oldirtybastard  Respond to of 436258
 
I lightened up today but will be filling the boat this week again, this mkt reminds me of the beginning of the ill-fated dip buying behavior that we saw in early 2001 (if we have indeed made the near term turn). The e-wavers see one more squeeze but I'm more scared to not be short than to absorb some buying pressure here. The BKX behavior in early 2001 makes me salivate, I remember how quickly everyone scattered then, and things are worse under the surface now imo.