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Strategies & Market Trends : Rande Is . . . HOME

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To: mike machi who wrote (37889)10/10/2000 4:36:51 PM
From: Mark Konrad  Read Replies (3) of 57584
 
Go short? No, the big short money has already been made on this down leg, imo. No sense getting your head handed to you in both directions. I'm long, but if I wasn't already long I'd wait this stuff out or begin to nibble (quarter and half positions) on the best and the strongest. But I don't think I'd go short ANYTHING now...there's so much bad news and negative sentiment floating around. It would take only a slight breeze from any other direction to replace the stench with a smell of...napalm in the morning...I mean "victory!" (Apologies to Robert Duvall)--MK--
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