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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (72668)10/29/1999 11:17:00 AM
From: donald sew  Read Replies (2) of 86076
 
Heinz,

My very long term bearish position that the S&P will trade back in the 15-20 range within 5 years still stands, but the bullishness we are seeing today is quite convincing.

The NEW HIGHs/LOWs have improved significantly, enough for me to turn mid-term bullish if that continues.

So until the FOMC meeting its BULL-TIME. After the outcome of the FOMC meeting we will then have a better idea if this rally will continue, but until then I would be cautious on shorting unless one is very nimble.

Im A BULL - for the mid-term(5-30 days)

seeya
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