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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 334.08-1.1%Oct 30 4:00 PM EDT

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To: Justa Werkenstiff who wrote (2376)4/3/2003 5:39:07 AM
From: Justa Werkenstiff  Read Replies (2) of 10065
 
Welcome to the war rally in this nowhere market and I suspect this is part of a bottoming process mentioned here before. The same mix of topping indicators are abundant once again as we rally on the war and we should, in all probability, sell the "peace." I think this is they key difference between now and 1990-1991. After reviewing things last night, if you gave me a 60 print on the VXN, you would at least test last October's lows on the Nasdaq. Will we get a 60 VXN? I don't know but I suspect we will at least sell off hard once the "victory" has been discounted and so I am positioning myself for this eventuality by starting to leg into shorts once again yesterday.
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