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Strategies & Market Trends : Waiting for the big Kahuna

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To: blitzfund who wrote (56569)1/23/2002 4:43:44 AM
From: GROUND ZERO™  Read Replies (1) of 94695
 
As bullish as ever... don't get distracted by the day to day noises of K Mart bankruptcies and Enron collapses... these are all part of the normal self cleaning phenomenon the markets go through every now and then... but, the sky isn't falling and the world is not coming to an end... these markets had every real opportunity to crash after September 11th, but it came back... now is the time to pick and choose, because when this market emerges from the doldrums, the rally will be broad and spirited... there will be no comfortable place to enter new long positions and the shorts will pay dearly.....

On the other hand, if you think the western world is truly on the brink of decline and the socio-economic system is in such disarray that these markets cannot recover, then stay in cash.....

I choose the high road.....<g>

GZ
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