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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: rogermci® who wrote (17240)	10/21/2002 10:43:27 PM
From: who cares?	Read Replies (1) \| Respond to of 18998

LOL, roger, you're getting to be a counter indicator for shorts, roger is getting long, time to start fading the rally. This one is definately not any different than any other bear market rally, they're all vicious, and based on shit. Last week was nothing but bad economic and earnings news but it got spun positive and we rallied anyway, i'll fade that any time anywhere. Hell, how could you watch CNBC go from funeral to partying like it's 1999, and declaring the bottom in at every breath and even think about getting long. LOL, I mean really LOL. I'm about 30% short here, would love love love, to see this thing ramp enough to get me 50-60% short before new lows get made on the ever worsening fundamental, and contrary to this weeks popular opinion, fundamentals matter quite a bit in a bear market. Personally I don't believe in this great horde of new shorters, if they friggen hadn't started before now, they didn't start on this last downleg, mainly because they were wiped out, and or what, they're suddenly going to learn to short on the 19th or whatever downleg from the top( that sounds more like something Pissonme would say on CNBC. Also the idea of everyone being squeezed sounds very CNBC mantra like instead of reality. Most of the people i know, small timers admittedly, were covered and begging for a bounce to hit(myself included) and boy did we get it. I personally can't believe the prices i'm getting to short a lot of this shit at, i never thought i'd see them again, and i'd damn sure rather spend my time looking for overpriced turds to short than turds that haven't jumped as high as the rest to get long. Well ok, drooy and hgmcy are long to start scaling into. Come on roger, you shorted in the biggest bull ever, do you have to always be a contrarian and be a bull in the biggest bear ever? It's a lot easier just to be a bear all the time, <g>.