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To: KeepItSimple who wrote (152472)2/20/2002 5:11:28 PM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 436258
 
I don't buy that the market suddenly reversed 300 points in the span of 1 hour, for no reason whatsoever

This is what Mish predicted, right? A plunge followed by a nosebleed rocketship that gets people drinking the koolaid again. First time this year I'm long QQQ so I'm sure hoping he's right about the puts getting taken out all the way to 40!



To: KeepItSimple who wrote (152472)2/20/2002 5:50:59 PM
From: maceng2  Respond to of 436258
 
So today's rally was the fastest and quickest

KIS,

You have commented frequently on some of the appalling facts about the world and USA stock markets. I think you are essentially correct in your views.

The onset of bear market conditions is supposed to be volatile. Sharp ramps and sharper bigger drops. It's a matter of having a plan imho. This is the casino.

I feel happier keeping a core position of gold miners and will add to them on the dips.



To: KeepItSimple who wrote (152472)2/20/2002 6:11:53 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
Just think of today as profit-taking.



To: KeepItSimple who wrote (152472)2/20/2002 7:13:50 PM
From: sun-tzu  Read Replies (1) | Respond to of 436258
 
dude...you are definitely losing your marbles. this sh*t happens all the time. get a lithium level.