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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Larry S. who wrote (21035)	10/16/1999 10:40:00 AM
From: Ron McKinnon	Read Replies (2) of 53068

>>> is it safe to come out yet? larry maybe for the brave but not for me I don't know what to go long or short right now charts are too spooky for me can't read 'um here's my drill for the moment: Monday open, who knows during the day; the concern will be Tue morning's release of the CPI it's expected to be fine but in light of the PPI traders will be nervous depending on how Mon-Wed goes, I think we mess around for the next two weeks height of the earnings season but, if there is no big selloff the nexr few days we could see buyers come in big time; at least for some short fast position trades then, a rally until mid Dec selling then cause of "perceived" y2k fears rally 1/1/00 I just dont feel comfortable doing much with these kind of uncertainties and volitility so will do a lot of sitting waiting watching being bored to death

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