Posted by: eminitrader April 11, 2007
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Just to let you guys know, I know this guy that manages his personal portfolio about $1MM. He seems pretty bearish. He thinks the top is near. I have watched him trade and have a lot of respect for him. I'm not sure what to think besides tightening my stops.
I'd rather wait for a confirmation from the market. I'd like to see a 1% true selling day before being truly bearish.