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Strategies & Market Trends : Befriend the Trend Trading
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: Dr. Stoxx who wrote (1974)10/20/1998 9:21:00 AM
From: Michael Berkel  Read Replies (1) of 39683
 
I am 100% with you Thomas. I am not trading in this market for the simple reason that there is a lot of bad news still not out yet, which might appear on the surface at the very moment that one decides to go long.
I don't believe in this Bull-Party and I still think this market is highly overvalued but it might take even until the beginning of next year to proof that I was right.
As long as bad announcements of JPM are ignored by a cheering Investors' crowd, I stay out.
Please keep up the good work,
Michael Berkel
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