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Pastimes : All Clowns Must Be Destroyed
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To: double-plus-good who wrote (26014)4/14/2000 1:48:00 PM
From: pater tenebrarum  Read Replies (1) of 42523
 
double+, i haven't played bounces today...was too busy trading around my puts and shorts.

i don't want to give you the wrong advice here...we're very oversold, and the PPT is surely laying in wait. otoh, today's inflation data are NOT going away. the Fed funds rate should be at 8%, not 6%.

so i'm staying short for now...heck, people haven't even panicked yet...it's all 'orderly'.

also time segment analysis suggests that we won't see an intermediate term low before 04/18.

so i'm telling you what i am doing...take it FWIW, i've been known to be wrong before....
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