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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (37541)6/6/2001 3:03:03 PM
From: Sully-  Read Replies (1) of 65232
 
HI RR,

Not really making or losing $$ today. That is I've not closed out any open positions yet. I'm up today though on those positions.

Since I am net short, I'm biting my fingernails as the market seems to want to go up regardless of the economic backdrop. Seems like folks are just ignoring FA & P/E's & using a lot of the Fed's liquidity to work in the stock market.

As I type though the QQQ's & MSFT are slipping down. GE can't get off it's butt either. If they turn up strongly, I'll have to take a few lumps & wait for a better opportunity...... long or short..... which ever the market offers.

We are in a long drawn out rainy spell & the temp's are well below normal too. YUCK :-(
At least my feeders are full of birds :-)

Ö¿Ö
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