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To: marginmike who wrote (51316)8/27/2002 10:20:58 AM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
This should get the bears going again finally. I expect lots of posts here, on CFZ, and the other more bearish threads. I expect lots and lots of posts pointing out targets below price, the opposite of last week when most posts were about targets above price.

This goes back to the preferred scenario posted this weekend... I think the market needed fuel, bear fuel, and now it will load up, only to f*ck them into September. The thing that would change my mind to the bearish side, is if I see banks declining in any way other than simple retracements and backtests.

I will have a spot where I will go to even higher cash than I am at now, likely 90%. The remaining 10% I will leave short tech, as I think I may yet be right there.