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

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To: Mr. Pink who wrote (5072)12/14/1998 9:15:00 PM
From: Pluvia  Read Replies (3) of 18998
 
<<<Sometimes it is good to sit back and wait until some sort of market direction becomes apparent...It is o.k. to be in cash for a spelll...Mr. Pink's favorite names are VTR, AGX, MDM but timing is difficult to predict.>>>

Am I the only person to notice that stocks and indexes were crashing through support right and left today?

Along with the Transport non confirmation in the dow, today's multiple support breaks seems to spell the classic confirmation that this rally was a big 'ol trap?

I am currently 100% short and looking for good short ideas.

Steve
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