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To: TheStockFairy who wrote (35292)4/21/1999 6:35:00 PM
From: J. P.  Read Replies (3) | Respond to of 86076
 
You never know what's going to happen. They say the market acts to 'hurt' as many people as possible. Now you have all the bears capitulating, and the short covering, so they're taken out of the game. Add to that now you have all the bulls in a wild eyed fever feeling doubly invincible after rebounding from Monday's selloff. They can go ahead and max that margin now, maybe deposit some more money.

So now if it tanks after tomorrow's rampup everybody loses because the shorts have been squeezed out, and the bulls will ride the ship down.

Can't say when it's gonna happen, but never has a year passed since I've been doing this that the market has not generally corrected downward to create some true bargains. Has not happened this year yet, but why should it be different this time?