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To: yard_man who wrote (78184)8/1/2003 12:23:35 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
Mebbe, tippet... but then there's this in the short term:

cboe.com



To: yard_man who wrote (78184)8/1/2003 12:45:16 PM
From: AllansAlias  Read Replies (3) | Respond to of 209892
 
The danger for a trader for the last many months has been trying to guess the top. It doesn't matter to me if I don't pick the top. I will continue to err on the side of another top until price proves me wrong.

If I let go of this discipline and just look at the financial/broker charts, my mind would conclude that we are f*cked. But, I don't let the mind get away with this "out-thinking price".

Personally, fwiw, I have always been better at nailing bottoms than tops anyway.