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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (39790)	9/21/2002 3:02:55 PM
From: lurqer	Respond to of 52237

Hmmm... Not exactly sure of the point of your post. As long as everybody fails to recognize the bear, the longer it will continue. For me it's simply a game of "buy low - sell high". I don't particularly care which side of the trade comes first. "crash" is a sharp spike down. The expectation is that the market will bounce back up from there. Guess it depends on what you mean by "bounce back up". To use round numbers, if the Naz crashes (to use a term you seem to believe is an anathema) from 5000 to 1000 and then bounces (even temporarily) from 1000 to 1300, I'll try to profit from the "bounce". This market is for short and hold .. it's risky to close out parts of shorts and maybe miss the next move down There's a reason why I'm currently mildly short even though I believe we may see a pop before we drop. We are now in a bear market that will last many years .. maybe decades. While that may be true, I would recommend you look at some long term charts. Bear corrections in secular bull markets frequently are considerably shorter than bull corrections within secular bears - e.g. recall '32 to '37. To fail to take advantage of such moves limits one's profit potential. In any event you have exhibited sufficient deftness that I'm sure you will prosper. lurqer