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Pastimes : Where the GIT's are going
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To: Carolyn who wrote (157272)1/11/2008 3:39:01 PM
From: Augustus Gloop  Read Replies (2) of 225578
 
I might. They just called me 2 minutes ago to see what I thought of the market. I told them I really think we're already in recession and that I think 10700 is the number. They talked about 12200 being support but its weak at best. Ultra short funds or short etf's are where its at imo. Its kind of fun that 3 weeks ago they were betting me on the bullish side and now they're calling for my take. We cam withing 45 points of printing another sell signal. We'll get a bump when the feds do another 50 basis point cut but people have to realize they're only doing this because things ARE NOT GOOD!
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