A Sloper wrote me this evening with a thought-provoking email; he kindly gave me permission to reprint it here anonymously:
To me, it's like the longs who waited for 600 on SPX to go long after getting hurt trying to bottom pick.
It's demeaning to be considered part of a psyche that should be faded, which is why I am writing to you in private via email. I am by no means commenting on the skill or integrity of your site or of Slopers and do not want to offend any one. I just want to point out that I belieive that this fear of shorting now is one of many other signs that a vicious sell off is imminient. Personally, I think it is this week and we don't push past 1085-1090 on ES.
I know I am one of many many faceless names/email addresses/avatars, but I hope these thoughts help. I could always be wrong, like anyone else, but what I am pointing out is something at least worth being congnizant of.