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Strategies & Market Trends : Love shack

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To: Grandk who started this subject12/28/2000 10:46:20 AM
From: Grandk   of 322
 
Unbelievable amount of bullishness. The S&P is up 3 and the NDX is up 15 and every bull is jovial, while every bear is long. EOY paint job going on. I couldn't resist adding to some short positions. Still plenty of cash available for Friday's humongous rally.

edit: IBM is green. I guess bad news was already priced in.

"analyst with Prudential Securities, downgraded her revenue and earnings expectations.
Alexy cut her outlook for fourth-quarter revenue for IBM, a Dow component, to $24.5 billion from $25.3 billion because of perceived weakness in the company's hard disk drive, personal computer and software businesses."
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