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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who wrote (16650)11/29/2001 10:08:04 PM
From: byhiselo  Read Replies (1) of 19633
 
ok Tom, what's your take on this market?

i'm net short but need some convincing that i'm wrong -g

i think the bulls are lathering up real fine for a good spanking in December but the bullcrap just won't stop (Fed injections, CSFB's infantile market ramblings & pump & dump, etc.)

i don't think there's an economic rebound until 2nd-half
of next year at the earliest (and for tech, probably longer)

i guess people are buying now (at extremely extended prices)and expecting stocks to go up until the recovery finally kicks in, man i hope they're also buying some pepto for the journey

i have a suspicion there are few more Enron's and Argentina's out there that will greet the market
in a rather rude way over the next month, lets see

cheers
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