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Re: laurap post# 31592

Thursday, 08/09/2007 12:08:44 PM

Thursday, August 09, 2007 12:08:44 PM

Post# of 41236
I dunno laurap...
are you still comfortable with the OLD RULES ???
Havent' you notice that ever since they chaned
the nearly CENTURY OLD rule about shorting ONLY
ON THE UP TICK...the volitility has gone
through the roof on ALL LEVELS???
I thought I saw BID SUPPORT the other day and
it was just some guy SHORTING LIKE CRAZY...
That rule change has made me second guess
EVERYTHING !
catman...ISYA

PS...do NOT FORGET WHY they MADE that rule to
begin with...shorting the downtick was blamed
for the chash in 28...not to mention credit
conditions that are SCARRY similar to what
we have today...the FED is supposed to PROTECT
US...did you see ANY of that Tues ?
LOOK at the whip saw that yesterday was.
I went to GOLD in MARCH to hedge and had to take
THAT off the table today when it lost 8 bucks
over night and it's DOWN 12 bucks NOW !????
I'm SERIOUSLY close to goin ALL back to cash
now...even seasoned traders on out on the ledge
this week...things don't look BAD YET but...
SPOOKY for SURE !

Vana Catman fondles his mellons...

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