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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?


To: Win-Lose-Draw who wrote (7016)3/17/2003 7:32:15 PM
From: HoodBuilder  Respond to of 11447
 
Remember this...Bear markets DO NOT end in an ORGY of buying, they end in an orgy of selling. Although I have no credible explanation for the recent move I absolutely guarantee that we have not seen the bottom and the more the market goes up the deeper the bottom becomes.

When the market is eventually shaken from the hands of the protectors there won't be a short for miles. I pity the buy and holders. For now I watch and wait and continue to accumulate gold stocks.

BTW, for those wondering, I closed my SMH short and only got nicked not slaughtered.