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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: valueminded who wrote (3429)10/6/1998 6:01:00 AM
From: Bill Wexler  Respond to of 4634
 
Interesting. First you say:

<<Give me a break, We are not even close to having contrarian indicators yet. Contrarian indicators in a bear market are when your friends tell you they are pulling out / staying out of the market.>>

Then you say:

<<I will begin increasing long positions around DOW 5000-6000.>>

Sounds to me like you're staying out of the market.

Been seeing quite a lot of that on the ol' chat boards lately!

It's certainly possible that the market will break 6000 to the downside. I wouldn't hold my breath though!!