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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Dr. Seuss who wrote (4327)10/20/1998 9:05:00 AM
From: Spunky Beaver  Read Replies (1) of 18998
 
To quote Mr. Pink in one of his last post; "...we are starting to cover shorts and go long select issues." This tells me that the bull is back and the market is going up (whether we want it to or not, or whether it seems logical or not). I am out of all short positions as it seems suicidal to pursue shorts in this climate. I am back into conservative , safe longs right now. For example,BLS looks good for a 3 to 4 point gain in any market over the next week, the downside is minimal.
My unsolicited 2 cents worth.
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