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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (25471)6/18/1999 10:13:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 44573
 
Oh, I didn't imply that you're a wall, just that the markets like to climb that kind of wall... I'm not worried one bit, I'm long a bunch of SP's and bonds and I expect to see new highs across the board in all markets very soon... I also plan to hold all my long positions into Labor Day......

AG already said he may raise rates, well, so what? It's already in the market and it's good that he stems off 'inflation' before it gets out of hand, that's very bullish for the equities and long term rates..... he'll only have to lower them again later.....<g>

Also, after the FOMC nonsense, investors will begin focusing on earnings again and the earnings picture will be positive for the equities... these markets can only move higher barring some severe unexpected calamity and I can't worry about what hasn't happened..... I'm long and happy.....<g>

GZ