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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Honey_Bee who wrote (3572)	5/6/2010 6:38:21 PM
From: GROUND ZERO™	Respond to of 220633

Thank you, cool heads will always prevail... but I now think it may well be a mistake to stay long this market... the DOW was already down 300 points before that sudden crash and subsequent recovery 20 minutes later, so even if we "toss out" those other 700 points there is still something very wrong with this market... I closed out my longs tonight and went short again, not yet posted... I think we may have hit an iceberg but the ship has not yet taken on that much water... my model is short, so why should I fight the tape... GZ