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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Petrol who wrote (1274)9/18/2002 9:39:49 AM
From: Jorj X Mckie  Respond to of 57110
 
As the chart that Tim posted suggested, with a p/c ratio in the range it is in now, everyone and their brother is bearish. You start to run out of sellers at some point with sentiment like that. So, yes, I think that we are getting very close to a temporary bottom. I wouldn't call it a very tradeable bottom. I will likely be covering shorts today and any long position will be strictly for fun.