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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: re3 who wrote (1928)7/4/2000 7:12:03 AM
From: AllansAlias  Read Replies (2) of 436258
 
ike,<p>

I do not think Dow 8000 is too optimistic. Surely you can not think it out of the question.<p>

I have learned much in these last few months. Some of this learning was expensive. My biggest mistake was not taking put profits, but holding for the "big one". I have learned to take a wider view and, more importantly, that all resources will be thrown at the bubble.<p>

Many are now pushing their time horizon out to the fall. However, I feel strongly that there will be an important secondary correction before then.<p>

I am struck by the following:<p>

1. The record net short position of commercials.<p>

2. The UFB complacency.<p>

This will unwind some before the fall. --Allan

PS: I am not fixing the formatting here. Did I mention that SI blows. I can not recall an interface that was so simple being jackscrewed so badly.
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