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Strategies & Market Trends : Ultra OTC Fund - UOPIX
UOPIX 143.22+0.1%Nov 14 4:00 PM EST

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To: bob wallace who wrote (826)11/15/2000 6:03:44 PM
From: John  Read Replies (1) of 2063
 
I switched everything over to USPIX today. There appears to be way too much bullishness out there considering all of the uncertainty surrounding the election, and the fact that the FOMC did not adopt a neutral bias going forward. I wasn't going to short, even in the face of all of this, but the real clincher for me was the fact that NDX closed higher today on low volume, despite all of this bad news. I will be shocked if the NDX closes higher again tomorrow, unless of course the pendulum swings in Bush's favor once again.

This is only my opinion, and I could be wrong! :-)

Best Regards,
John in Iceland
Light Snow and Rain, 33°F
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