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Re: Zeev Hed post# 15660

Wednesday, 08/14/2002 9:09:54 PM

Wednesday, August 14, 2002 9:09:54 PM

Post# of 704049
Yeah, still an Ox. <g>

But after today the burden is much lighter. <vbg>

Today I was "caught" 100% invested in Rydex Velocity so I made up for a week or two of past suffering.

For tomorrow I'm 30% invested in Velocity. (The rest in Cash, waiting for clearer signals) I know that of late a day like today is followed by a 50% (or more) retracement day, but I'm hoping that MaxPain is already satisfied, and we might continue squeezing some shorts.

(My perception is that this time a lot of people has been caught watching the train leaving the station. There's a small possibility that we see no significant retracements in the coming days. That would be very interesting...)



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