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

To: Peach who wrote (48297)10/22/2003 11:36:24 PM
From: PuddleGlum  Read Replies (2) | Respond to of 57110
 
Nice WAG today, Norma. Ya' nailed it good.

My charts show a great deal of similarity between today and 1/16/03. 1/17/03 was the start of a solid decline in the markets. I think that a 15-20% decline is now likely.

I was able to get out of my BBH puts at a modest profit late today, but I wish I had held (and I will probably re-enter tomorrow). BBH looks to have a higher percentage downside risk than most other indexes/ETF's.


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