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Strategies & Market Trends : Waiting for the big Kahuna

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To: Mike McFarland who wrote (16692)4/16/1998 5:37:00 PM
From: yard_man  Read Replies (1) of 94695
 
Can't disagree with most of what you said, but I'm not going long any more stock or buy calls. Suppose the DOW does go to 10,000 -- I have my doubts, but suppose. What kind of a risk reward is there here?

It's painful to bet against the bull. I would say I've learned to pick easier targets and I have to some degree, but I do have some AOL puts.

I do think we are very close. Bunches of folks who have bet against this market are talking the same thing. Give it up. It is different this time.

Bull!
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