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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: J. P. who wrote (140435)12/26/2001 1:57:16 PM
From: sun-tzu  Read Replies (2) of 436258
 
imho, i would only fade this rally for a trade. there's no indication that the VIX will move out of this range and with the FED still pumping away, not to mention a significant rally on heinous retail sales, i continue to feel this market moves higher until 1) the FED fires all bullets and 2)earnings prove the recovery thesis wrong.

since the upcoming quarters earnings are already presumed to bad, it falls on the following quarters shoulders to be the 'tell'. another 3 more months of this until proven otherwise imo.

that being said, i will start shorting friday for a trade only.
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