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Re: SSKILLZ1 post# 124364

Thursday, 03/18/2010 10:34:10 AM

Thursday, March 18, 2010 10:34:10 AM

Post# of 173972
IMHO: You sound like the captain of the Titanic pronouncing to passengers that icebergs will not be a problem. There are lots of old sayings that may pertain, like:
"the trend is your friend", or
"don't stand in front of a moving train", or
"better safe than sorry", or
"discretion before valor", or
"age before beauty", or
"stupid is as stupid does".

Trying to call a turn in the market is always risky business, especially when psychologically tied to the call (money being where the mouth is).

Getting ready to jump into a short position when the market has changed direction would be much more rational before the market has turned.

jmho,
'peeker

MILKY WAY over Devil's Tower

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