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osprey

10/28/04 4:41 PM

#316079 RE: TREND1 #315987

Larry, good point, but bottom fishing isn't new. It is one of my favorite sports actually. Nothing wrong with flounders, halibut, and rock fish. It is harder than it looks as one must be selective and hook a flounder rather than a dead grouper or something. At the bottom most of the risk is priced in and everyone hates those stocks.

Another "secret" is to not catch falling knives so you have capital at the bottom and enough fingers left to bait the hook <g>. Morale is important here, try to keep yours while everyone else is crying.