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Strategies & Market Trends : Sharck Soup
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To: besttrader who wrote (16154)4/12/2001 4:36:45 PM
From: American Spirit  Read Replies (2) of 37746
 
All the bears have been telling me to not fight the trend. Now apparently some bears are refusing to follow their own advice. This week was just the beginning. Hope and optimism itself will help bring more juice to the economy. All the bad news is digested and was 1-2 months ago actually. You could see CSCO ten points higher within a few weeks. If you're thinking of shorting might be a good idea to wait, maybe even until we're up another 40%. Only the real diehards will be shorting techs anymore now. So unless you're suicidal or don't like money at least go to cash and or buy some nice safe stocks with plenty of cash and low PE's like SBC, WCOM or VZ. Can't get hurt much and might make 25% in a month or so. Also you help the economy instead of hurting it. Have a relaxing weekend.
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