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POKERSAM

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Re: EspressoCoffee post# 9276

Friday, 03/02/2007 11:51:39 AM

Friday, March 02, 2007 11:51:39 AM

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EC - I agree. No reason not to play the bounce as long as you stay nimble and get out quick enough. The next drop could easily equal the last in magnitude. Getting caught asleep and long when it happens could be expensive.
What will happen is that many perma bulls will think the counter trend bounce is the kick off of a new bull move to new highs. Sorry, it will not be so.
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