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


To: quote 007 who wrote (56483)10/24/2008 3:05:02 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 57110
 
well that makes me feel a little better about us being near a bottom. It will probably work out that the market can't find a bottom until I say "there is no bottom! Buy Ammo!!!"

I should make it clear that I am probably not a really good sentiment indicator because I have very little risk right now.

other than the ramifications to the economy, I wouldn't mind seeing much lower prices. I'm not short (obviously), but I would like to take advantage of the lower prices.

As I said a week or two ago, I'm in no hurry to get clown long. I think that there is going to be a basing phase that will last long enough for us to wait for good buy signals (gonna watch the BPs closely for that)