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


To: AugustWest who wrote (11561)11/6/2002 4:31:09 PM
From: gypsees  Read Replies (1) | Respond to of 57110
 
I can't imagine we wouldn't get a pullback before 1500! Jeez..



To: AugustWest who wrote (11561)11/6/2002 4:54:33 PM
From: PuddleGlum  Read Replies (1) | Respond to of 57110
 
You always ask the difficult questions, don't you? Two weeks ago I'd have settled for a 50% retracement, but a 50% retracement from here represents more "carnage" than what I've been anticipating. I won't buy until after I see some stabilization following a drop that is severe enough to put the fear of God into a few bulls. I don't see enough of a safety margin to buying merely after consolidation at current levels.

Tell you what, Auggie, let me take some time out to think some more about it before I spout off and say something I'll regret.