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To: The Perfect Hedge who wrote (7321)2/10/1999 11:32:00 PM
From: Lucretius  Read Replies (2) | Respond to of 14427
 
4 months????

I have remained bearish for 4 months (wrongly) and have watched for tops, but have not called one every day. There's a big difference.

as for calling for a crash every day... again, because of its nature it is unexpected.. therefore I have allowed for a wide window. That's why I bought my load of puts a couple weeks ago. We could be lower right now and bouncing before the crash, but instead we stayed up where we are now... who knew? at this stage of the game, predicting s-t movement is useless. Get short and allow fudge room or get blown away.

as for jinxing, the crash will happen or it won't, I will have nothing to do w/ it.

Watch for those analysts calling for a correction to turn bullish on the bounce though and the bounce will be violent, but it will fail (remember in a few weeks I told you this would occur so you'll stay bearish -g-)... THEN we begin the 3rd and ugliest wave of the crash.

BTW- anything new from P&F?