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06/01/05 8:54 PM

#8518 RE: FinancialAdvisor #8517

USPIX..i agree this looks like a good vehicle.
I'll be sure to keep my eye on it.

But if this is a bear equity fund i'd rather wait for that high at 21 to break, and actually 24 would be better.
Upside risk even from 24 looks great. And we know this bear will kick in relatively soon.
We'll see if that low of 15 gets tested
I'd like to see a double bottom

You post that alot of stocks appear to be in a mania.
And that can even be said for equities in gerenal
A mania is not something you want to boldly step infront of
Better to wait it out for confirmation. The gains will still be there, with alot less risk, when it finally goes.

Just like you wouldn't have wanted to rush out and short google a month ago.
Mania's usually go on alot longer then expected

Market making proves that it's better to have a long drawn out top, with voilent spikes downward when distributing

And a long boring bottom, with some quick upward spike, while accumulating

If a top is completed to quickly there isn't enough time to trap buyers.
When you want to dump massive shares you need to keep the price "bullish" as long as possible