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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (37483)6/5/2001 11:58:41 AM
From: Sully-  Read Replies (2) of 65232
 
I see RR. As I have said in the past, I am not the best market timer. I can pick winners/losers & I can usually see a trend about to develop. I can generally predict it right, but I am not very good at being there at precisely the right time.

FWIW, today's action is puzzling. Economic news this AM was horrible. VIX & VXN are signaling bearish in a big way. P/E's are nearing levels when the NAZ was at 5000. And we are about to add some serious fuel to those historically high flying P/E's with some really bad earnings #'s for this qtr.

Apparently I just don't get it.

OOF :-|

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