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


To: Techplayer who wrote (14814)12/2/2002 3:05:39 PM
From: AugustWest  Read Replies (3) | Respond to of 57110
 
random thought.
while I think it is the consensus of those with a level head
That the next bull market is not going to be in tech land.
I think there are enough stubborn bulls who are having visions of sugar plums and tech recovery dancing in their heads.

So it might be a good assumption to think this tech recovery dream can carry us higher some time next year.
I could still imagine COMP 2500 before new lows are seen.

I'm also a firm believer that one day we will wake up to a tremendous gap down of like 10/15/20%
Thatis why I have been keeping some short positions over nights.
Of course it is costing me in the mean time.
I do not recommend this strategy to those who are attached to their money :0)