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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (222)	4/9/2008 4:29:00 PM
From: Perspective	Read Replies (1) \| Respond to of 3209

Yes, I know it's too early to call today a failure. Not even much of a test. Be interesting to see final volume tallies. Gotta tell ya, though, things have gone very closely to the roadmap I set up the day of the panic Fed cuts. And reversals of situations like this in $DJR have my skin crawling: In the broader context, I really do believe this is going to be worse than most consider possible. But in my gut, there's a nagging fear that won't go away that it will even be worse than this bear is envisioning. There's just so little respect for the power of reinforcing feedback between markets and economies. Now I see things like $DJR lining up with what could well over the long haul end up a running flat - cripes, what the hell would the next leg down DO to $DJR if that were a running flat correction? And shit like Dell, falling out of that weak correction? Have you looked at where the next chart support is for that thing?!? This is why I'm unfit to take trades on the long side. I know that is lurking in the recesses of my brain, and until we have a true market clearing, I don't think I can win a battle with that fear if I'm holding long anything... `BC