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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Psycho-Social who wrote (38878)3/8/2002 3:12:43 AM
From: LTK007  Read Replies (1) | Respond to of 99280
 
Handle change alert:) So that if we are at a secondary high we buy the dip and then ride that to the primary high and then bail,roughly speaking? Now i await a near term bottom call,from anyone,even from myself:)
I have been struggling with a question,do i or do i not do a defensive hedge if go to near 100% invested.
The answer for me,i must; as in my mind never count out the the highly unlikely.But like it or not, we know the market is one that can go down 20% in a twink if something untoward happens.
that is the reality of an overvalued market in uncertain times.
I sometimes wonder if this is why we have been seeing high short positions in the commercials, that being there is more defensive hegdeing in play now.It would be a very logical circumstance in my opinion.Max P.S. ,from what i gather come March 31,anyone who was sharp enough to ride the Nikkei best then get out.