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To: AllansAlias who wrote (43421)6/26/2002 4:09:17 PM
From: NOW  Respond to of 209892
 
Buddhists liking the middle road is so passe...<G>
Don't you remember the story of Nansen and the cat?



To: AllansAlias who wrote (43421)6/26/2002 4:16:59 PM
From: The Freep  Read Replies (2) | Respond to of 209892
 
Allan. . . one issue I have with the middle road is that it was just over a week ago now that we had a 10% rally on the NDX. How many of those do we get to "fool" people?

Maybe today we see a recovery day without a switch in Rydex/sentiment readings? There clearly was fear today (vix spike (below last Friday) and high put call) but there was no fear in the day, just overnight. Now, maybe this is just a guy yakking who really wants to buy somewhere near a low <g>, but the whole gap down reversal thing is getting too predictible and I think THAT is what needs to be shaken, not the bears.

But a high % of my puts got stopped out today, so WTHDIK?

the freep