Shorting SPY for fun and profit. Message Board

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Strategies & Market Trends : Shorting SPY for fun and profit.

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To: Pancho Villa who wrote (92)	11/11/1997 11:45:00 PM
From: studdog	Read Replies (1) of 346

To all: Sentiment on many of the threads I follow is palpably bad. Trying to be a contrarian, this would normally make me optimistic. But I feel it so strongly also that I cannot for the life of me find a reason to see the market go up. Many of the negatives I feared are coming to pass: Disk drive and memory chips blow up due to overcapacity, GM warning of the same, price slashing by boxmakers, downgrades due to asia exposure (i.e. CAT), continued ASIA and SA slide, whew!! I'm still hoping for just a little market correction to more sustainable levels (which appear lower all the time), but the fear of something worse is creepin in. Karl

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