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Strategies & Market Trends : Moufassa's Lair
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To: carepedeum2000 who wrote (489)10/15/2001 8:21:45 AM
From: moufassa7  Read Replies (1) of 13660
 
Lots of volatility to be sure. I sold the last of my longs on Friday {except CRDM] and went all cash. I was hoping for an upward spike today to short into, but futures are lower. We have filled the 9/11 gap and relieved the oversold condition, the 2 reasons to be long are now gone. That brings us to fundamentals which still appear weak. I'm expecting declines for the NAZ this week. Time will tell.
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