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Strategies & Market Trends : Sharck Soup

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To: American Spirit who wrote (33906)8/31/2001 5:44:55 PM
From: stevenallen  Read Replies (2) of 37746
 
End of October for institutions, end of December for us little guys. Just a word to the wise, I'd think twice, make that three times, about going long in this climate. Maybe for a quick bounce here and there with tight stops, or fully hedged - but do be careful. I know lots of folks want the train to leave the station but I think Casey Jones took a look at a full year Naz chart and he's freakin out. Even more frightening is the realization that we're still way overvalued by historical standards and we have less visibility that a Seattlite before his morning latte. YIKES!!!!
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