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To: Jane4IceCream who wrote (295542)10/8/2004 3:49:36 PM
From: Trumptown  Respond to of 436258
 
If he turns yellow or black after his 'fast green' selloff, I'm buying next week!! -(still not sure what black means),



To: Jane4IceCream who wrote (295542)10/8/2004 6:54:33 PM
From: Tommaso  Respond to of 436258
 
>>>>Exit RYVNX for nice quick gain on overnight hold./eom<<<

Our old pal. So there he goes with his 3% profit. He might just be right, if the markets are up on Monday; but now he has given up his leveraged bear position and could just as well sit there and watch what could have been another 10% vanish, and then try to chase it, and get whipsawed.

Well, que sera sera but as Gertrude Stein might have said, "A crud is a crud is a crud."

If you look at the longer chart of RYVNX you see the potential for truly enormous profits when the big bad bear market resumes:

finance.yahoo.com

This is a Roadrunner market. The fox has skidded off the cliff, but he hasn't looked down yet. Beep, beep!