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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (24437)8/17/1998 12:58:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Gresh; Well the dips were not meant to work out the way they
have, but that's a risk you take trying to get the bottom.
Yet it's been a less risk then those who tried to pick the tops,
as I remember them losing time after time.
Now keep one dog gone thing straight, I started WED a week ago
trying the bottom, No short since then has beat me
what makes you think that RE A progressively larger percentage of spikers have had gains ?
To fix your mind that way for what ever reason is to deceive
yourself as there is no way it can be true.
I've been strapped in every day till Friday..and there just has not
been any more for the spikers to get since WED the 5th a week ago
than the dipsters, also I doubt any of them have been on top of the curves better than I have.
As a matter of fact there has so far been
one less down spike, than up spike since the 5th. also
there has not been any more down side than up side, because
of the fact that the rally on late the 5th, winds up giving more up time ( numbers ) to the spikes up, she must drop more tomorrow
for them to get equal.
And tomorrow may just do that in a heart beat but so far anyway
for the last 7 trading days they have been tit for tat, with one less tat for the shorties. The shorting gravy was prior to the 5th.
I was right bold on 16th of July with my short the market call.
We still do have some bearish signals. I'm cash right now, I see
some odds to the down side, but not enough to bet them.
I also see a chance for an upset , but not enough to bet it either
at least not yet.
Jim