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Strategies & Market Trends : Angels of Alchemy

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To: SirRealist who wrote ()5/20/2000 1:09:00 AM
From: SirRealist  Read Replies (5) of 24256
 
With the market closing a tad lower than I expected, I remain 100% invested over the weekend, yet admittedly do so with some nervousness. Several traders and stockpickers I respect are completely bearish; they call for a continued drop Monday, another 1/2 pt. interest increase by the Fed in June, a bear market from now till Autumn, and a few suggest we are beginning a recession.

It's lonely being a bull these days...

Perhaps my initial post about market analysis will prove me the fool. I can't ever say that I'll get every detail right in an analysis covering several weeks, yet generally, I stand by my analysis, which calls for a return to a bull market in mid-June.

Perhaps I'll take a few lumps Monday before going to cash, but I'm content being the bullish contrarian over the next 9 weeks.

Hmmmmm..... maybe I shoulda stayed on my meds. ;^)
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