Early Morning Thought - Nov 13, 2008

Have been reading quite a bit this morning. It seems, from what I read, that quite a few people expect a crash below Oct lows and a descent into depths of hell. Markets have a way of fooling most if not all. So, I'll be very careful if I open trade (very big IF), and will give technical levels a wider berth than my usual.

I see no particular reason why I should be a hero. The long side has been weak, and the short side is too obvious. Technical Trading in small doses is what I will consider if I feel the urge to trade irresistable.