Why the markets will continue higher... Message Board

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Strategies & Market Trends : Why the markets will continue higher...

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To: GTC Trader who wrote (447)	1/10/1998 6:13:00 AM
From: GROUND ZERO™	Read Replies (1) of 745

Hi Happy, Thanks for posting. Your presumption is correct. The more widespread these patterns, the more devastating it will be. The problem is systemic, the entire body of U.S. equity markets is infected with the Asian flu. But, This is not the end of the world. After the DOW goes below the October low, there will be plenty of buys around. I'm not an advisor in any way, so my suggestions are not any more meaningful than the next guy's wild guesses. Also, I never touch options. I'm short the March SP futures. You could do a put. I would prefer an at the money position so there would be some hope of making any money. Also, try shorting the SPY for less risk. Again, understand I'm no advisor and claim no special knowledge. Let me know what you do, it anything. Thanks. GZ

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