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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (12310)	10/26/2002 12:33:03 PM
From: Win-Lose-Draw	Read Replies (1) \| Respond to of 30712

yeah, i think leapies - i assume you're talking 03 - might well lead me to a different conclusion. other than dry powder, time is the most precious commodity right now and not bleeding premies is a nice place to be. it is true that bailing and looking for a reload means possibly missing out on a gap-down, but that's just the inverse of the way the dip-chasers are thinking...and look what it's gotten them the past two years. imo max has it right: until we get a decent down day AND confirmation the bulls are large and in charge. we've had two - three? - gap downs in the past two weeks and they have both reversed powerfully.