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

To: Jorj X Mckie who wrote (6168)	10/10/2002 12:21:37 PM
From: benchpress550	Read Replies (1) \| Respond to of 57110

You think your scared...some idoit trader who post on si has already got positive stop losses set and is sweating bullets about everybody wanting to leave the bull party early.

To: Jorj X Mckie who wrote (6168)	10/10/2002 12:33:30 PM
From: paulj	Read Replies (1) \| Respond to of 57110

>>what it boils down to for me is that I am a scared bull and I am a scared bear I can certainly relate to that feeling. When I look at the risks that are out there on the downside, there are several that are big enough by themselves to cause me a great deal of concern. At the same time, some of these concerns can be reversed very quickly by a single press release. The problems in the financial community aren't going to be resolved quickly, and, in some ways, with regard to the markets, they concern me the most. At the same time, all my technical indicators say we're at a bottom. From that, I can't feel strong about being short for more than a intra day swing. Maybe later in the month or after the elections I can feel better about holding longs. A heavy down day, or confirmation of an up move by a successful pullback to a higher low would go a long way toward making me more comfortable.