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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (68099)3/8/2003 1:22:05 PM
From: patron_anejo_por_favor  Read Replies (6) of 209892
 
<<I do not want to be short when this thing takes off.>>

Exactly. Given that the war will be starting in the next 6 trading sessions, I've opted out of the bear camp for now. Risk reward is just too high to be short here. It's not that any of the underlying fundamentals will really change (debt, employment and deficits) but the bull/clown camp will take to the "news" of our glorious triumph over the forces of evil like a crack addict to a mainlined dose of crystal meth...they'll be bouncing off the walls before they finally expire of their own excess....

DISCLOSURE: NO short or put positions. LONG SPY's.
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