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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: elmatador who wrote (53126)9/8/2004 3:32:08 PM
From: Taikun  Read Replies (1) of 74559
 
Increased cash position (I'm including PM) to 75% now.

I wonder when the stress of the elections and Greenspan's FOMC, among all the worries in the market, will cause a bit of capitulation.

I cannot believe this market will not correct significantly down once before the election-even if the general trend is up or sideways.

I say give it a week or two.
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