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

To: 16yearcycle who wrote (79971)	6/17/2002 1:07:02 PM
From: sylvester80	Read Replies (1) \| Respond to of 99280

At a real bottom, even the best traders will be faked out Would those be long traders or short traders? <gg> I expect the market Gods will fake both out. I can easily see shorts keep pilling on thinking the retest must happen in their terms, only to be proven wrong about 300 points too late. You see the problem now is that any idiot can now short, and in fact many have and continue to cover for losses on every rally. So unlike the old days when mainly pros were short, now every idiot can do it, and they are the same ones that were buying Nasdaq at 5000. Go figure... JMHO.