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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (36863)5/12/2001 5:49:43 PM
From: RR  Read Replies (1) of 65232
 
Hello Troops! Hope everyone is having a great weekend. We are!

Super weather today at the RR homestead. Warm temps, but low humidity. Nice.

Everyone doing their homework getting ready for next week?

Been pondering. Tend to think the market goes down next week, for a couple of reasons. It has gone done post recent fed cuts, and there is nothing to hold it up generally. Any cut figured in already, so no staying power there, and I don't think companies are going to suddenly start saying things are better.

Plus, the Naz seemed to want to take out that 2250 area recently, but couldn't do it.

So, I'll be cautious, and depending how it goes Mon and Tues, will look first at buying put positions.

Back to the hammock...

RR
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