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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (10448)7/24/2002 11:22:36 AM
From: Jorj X Mckie  Read Replies (4) | Respond to of 17639
 
Jeff, I agree 100%.

I am 80% cash right now.

Today's action is pretty disappointing.

Back to my movie analogy. You remember the movie Cool Hand Luke?

Luke and Dragline (George Kennedy) are bare fist fighting and Luke is getting his ass kicked. But he keeps coming back for more. And Dragline knocks him down every time he gets back up. And the spectators are really getting into the fight, cheering and yelling. But after the 10th knockdown or so, they start saying "Just stay down, he's just gonna knock you down again", and eventually the spectators can't take watching the beating anymore and finally just start walking away.

I feel like one of the spectators pleading with Luke (the market) "Just stay down, they're just gonna knock you down again".



To: Oral Roberts who wrote (10448)7/24/2002 11:42:18 AM
From: Alan Smithee  Read Replies (1) | Respond to of 17639
 
Morning all.

Your post brings to mind a post (from Jorj?) a while back WRT the Bull, that we shouldn't confuse the Bear Market with Brains (not said in any way meaning to diminish the incredible record you've had since April).