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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Sharp_End_Of_Drill who wrote (19230)3/25/2003 11:38:10 PM
From: chowder  Read Replies (1) | Respond to of 23153
 
Sharp,

When I saw all of those short prospects last night, and no long prospects, it initially had me concerned. After your message to me, I had a chance to think about it, and although profit taking was to be expected, it was a little excessive in my opinion. I suppose the condition of the market had people a little jumpy.

I'm not sure the end of the war is priced into the market yet. I don't know what the talking heads are saying as I've been working in the yard the last couple of days and I haven't been following the market.

I would assume we'll see the market price in the war before its end, so the time to short will probably be upon us quicker than one may think. I can't think of anything else, at this time, that the market could price in, on the long side, after the war is over.

I'll continue to look at the indicators and look for clues in the volume patterns and look for a reversal pattern off of extended overbought ranges.

I don't know Arik TG. Is he a fundamental or technical type guy?

dabum