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Pastimes : The Big Picture - Economics and Investing
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To: Crabbe who wrote (299)9/5/1997 12:48:00 PM
From: GROUND ZERO™   of 686
 
Rod,

I just checked in and saw your post. I don't know if calling the annual top to this market qualifies one as a doom and gloomer. I think it's realistic to expect an end to this cycle. Nothing goes straight up. Besides, a word to the wise is sufficient, how many times does one need to say SELL NOW? Remember that a bull and his money are soon parted. I'm short the bonds for more than a month now and I feel very good about that.

I will remain short the 30y bond futures until cash closes below 6.50%. I'm very comfortable with my position. Any other bears out there willing to speak up? I put my money where my mouth is and not shy about saying so.

Right or wrong, I follow my indicators. So far, so good. (gulp)

GZ
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