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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (3235)7/9/2002 6:17:15 PM
From: orkrious  Read Replies (1) | Respond to of 30712
 
like i said before....this part of the retrace is the hardest to play....only those with balls will be shorting to the bottom.....the others who used to short will turn into knife catching bulls.....thus the reason the final stage of the bear market will wipe out the most folks....



good post. jeff. Count me among those with balls. <g> I'm staying short most of the semis I've been short for a while, but I have a huge cushion and am not worried about them running away. they are still grossly overvalued. The stuff I covered I turned into IBM and homebuilders shorts.

I have to say that although I still would have some semis, I've held onto more than I otherwise would have if I hadn't seen your thread and charts. You've helped out a lot of people, including me.

Thanks!

ork



To: Jeff who wrote (3235)7/10/2002 4:30:21 PM
From: Lone Ranger  Respond to of 30712
 
Jeff,
"like i said before....this part of the retrace is the hardest to play....only those with balls will be shorting to the bottom.....the others who used to short will turn into knife catching bulls.....thus the reason the final stage of the bear market will wipe out the most folks...
t/a guys included..."
This post was prophetic. I guess I'm further screwed up as I'm almost referring to you as a deity<g>. Keep up the good work!