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

To: sun-tzu who wrote (38487)	5/1/2003 9:58:38 AM
From: PuddleGlum	Read Replies (1) \| Respond to of 57110

I've done quite a bit of selling over the last week, and nearly everything I sold is higher now than it was when I sold. That's usually a sign that one is on the wrong side of the fence. But tops and bottoms are almost always gut-wrenching (and this "top" certainly fits that pattern). I'm around 50% cash in most of my accounts (this is VERY high for me), with a few LTBH's, and a few puts bouncing around. Jorj's comparison of yesterday to the last couple of tops is so perfect as to make me suspicious that it won't happen the same way again. Pity CPN. It was 4.58 when I started selling, and 5.06 when I finished. Maybe it'll come back. Maybe God and the rain will bring it back to me. :-(