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


To: Rich1 who wrote (4976)8/8/2002 9:50:08 PM
From: Jeff  Read Replies (1) | Respond to of 30712
 
well.....that was getting obvious to see coming by little clues....

on tv maria b told folks to think about shorting as the market was near the lows.....and some houses now are setting up short funds....and all the trader talk on tv kept harping on the fact not enough shorts have covered yet....

its all a joke.....they are running out of longs to screw now because many won't play anymore or most are stuck in the bagholder zone they thought was a retest of the sept lows....and now more of the herd are trying to short....

and since they have a good idea where this market is heading.....and if its to the retrace bottom.....they want folks stuck holding the bag....not making a killing on the ride down.....<gg>

so scare the crap out them now and get them thinking long.....and then dump it....