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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (11641)12/5/2001 11:09:56 AM
From: LLCF  Read Replies (1) of 74559
 
Yes, we just got another S&P short off higher than I expected!! And what's going on here??? Some of my biggest 'shorts' [in the form of long gold stocks] are winners!!

finance.yahoo.com

finance.yahoo.com

As we've said here all along, this is a seasonally strong time for stocks and we wont load the boat with shorts till sometime in Jan, probably mid to end. Of course I didn't expect stocks to be this strong. :) Not with the continued likes of this coming out almost daily:

quote.bloomberg.com

Quite amazing really, but this too will be erased... folks have never seen the likes of the recession we're headed into so buyers can be excused for their mistaken optimism.

Nice taunt anyway.

DAK
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