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Politics : Idea Of The Day

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To: Jerry Olson who wrote (26097)5/7/1999 1:05:00 AM
From: J.T.  Read Replies (2) of 50167
 
Nice job Juice. Nobody is going to want to hold long positions going into the weekend with yields backing up ferociously as they have been in the past several days. Friday has been the worst trading day for longs in the week (with Monday's the best). The whiff of (asset?) inflation in the air, tight labor markets, consumers spending wildly, and savings rate at an all time low (cuz it's all invested in the market), all excuses for the market to correct its excesses and move back to 200 DMA across the board all indices. The RUN FOR THE ROSES IS OVER. The market is on fumes. Short IDEAS anyone? J.T.
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