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techcharter

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Alias Born 06/03/2004

techcharter

Re: None

Thursday, 09/02/2004 10:21:53 AM

Thursday, September 02, 2004 10:21:53 AM

Post# of 51804
Permabear says. "GRRRR"

My permabear position is for the long and intermediate terms. Down markets can drop suddenly and voliently, catching those with long position completely off guard. Since the major social mood/ behavior is in disintegration mode, I would be extremely cautious going long even for a little scalp here and there.

We'll see if that sharp sell off mid day on Wednesday was a kneejerk in little wave 3 of a motive down wave, or part of a corrective wave with more upside the next few days.
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