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Strategies & Market Trends : Waiting for the big Kahuna

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To: J.T. who wrote (3503)7/31/1997 1:33:00 PM
From: J. P.   of 94695
 
To all, LOL, thanks for giving me another reason to smile today.
Truth be told, this is one of my favorite threads on SI.

I just wanted to counterbalance some of the more extreme leaning
postings on this thread, such as the ones last nite saying that
the end was beginning, and lo and behold the sun came up today
and it wasn't so bad after all.

I agree that I can't see a clear path to the end of the year without
some sort of correction such as we saw Feb-April, but there
might be some upside before then. My theory is still that it'll
depend on the third quarter earnings.

As far as posting my trades, I'm probably not as good a trader as
most of the people here. Will say that i'm long Chase still,
as well as some other bank stocks and MWD. This can change,
if conditions dictate.

I wish all good health and continued prosperity and hope that all
are having as fine a sunny day as we are enjoying here in Chicago!
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