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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (16865)	9/7/2003 7:33:03 PM
From: Eric P	Read Replies (1) \| Respond to of 18137

KM, Great to hear from you. If you think there aren't any sheep in the market, read any Yahoo board. I don't read the Yahoo boards, but I agree that there is always some level of sheep in the market. However, I would contend that the herd has been thinned considerably in the past two years. I think the stock rally of the past 10 months has been very good in beginning to bring back some public confidence in the stock market again. Hopefully, the public will continue to gain confidence and we will be able to return to more active culling of the weakest lamb and sheep traders in the months to come. Hopefully, we'll avoid another nasty crash that will cause the herd to die in great numbers all at once, and instead allow us to better manage the herd over the longer term, for an almost unlimited supply of mutton in the years ahead. :-) BTW, congrats on the CORV trade. A 20% return in one afternoon is hard to beat. Best of luck, -Eric