Win Lose or Draw : Be A Steve, Make A Call Message Board

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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: Win-Lose-Draw who wrote (1283)	2/8/2003 1:12:38 AM
From: Jeffrey S. Lillie	Read Replies (3) of 11447

i was doing some pondering post happy hour (no softie there to pick up tab) and think that we have a lot of fuel that will be thrown on a rally fire from shorts. they are exteremely confident that we are going down hard next week. should that not turn out to be the case and a rally gets started and gathers some critical mass with a move past (ill use spx since thats the index i follow closest) 865 it could be one mighty fast trip north to 900 or even beyond. i am glad that many on the thread banked some nice profits. there may just not be any chances to cover should that scenario develop. on a different but related note, man is the money pouring out of long funds and into short funds this week at rydex. they could make some nice excellerantj

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