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To: MythMan who wrote (238990)5/5/2003 3:29:37 PM
From: Gersh Avery  Read Replies (1) | Respond to of 436258
 
Any time I start to think that way .. I just look at the chart and consider "would I like to short the market here?"

I answer "yes" so then why should I buy to cover .. heck it's a good place to sell it!



To: MythMan who wrote (238990)5/5/2003 3:33:05 PM
From: Gersh Avery  Read Replies (1) | Respond to of 436258
 
remember .. way back when ..

Used to be that folks would say "well .. looks like the weak longs have given up their shares .. now we can run higher."

It's upside down now .. can't be to many weak shorts left out there now.



To: MythMan who wrote (238990)5/5/2003 3:46:45 PM
From: Lucretius  Read Replies (1) | Respond to of 436258
 
so much for a pullback...



To: MythMan who wrote (238990)5/5/2003 5:19:01 PM
From: Cynic 2005  Respond to of 436258
 
USAI today = Worldcom of early 90s.
Barry Diller = Bernie Ebbers of Mid to late 90s
marketwatch.com

I am hoping that USAI will hit 50 to jump into puts big time.