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To: marc ultra who wrote (11079)1/13/2000 2:02:00 AM
From: marc ultra  Read Replies (1) | Respond to of 15132
 
This market really looks awful. Greenspan is probably have some nasty things to say to prepare everyone for at least a 1/4 point in Feb and maybe more. Breaking through 6.75 on the long bond looks doable in the near term with a few hawkish speeches and if the CPI and PPI aren't great. Sentiment way over bullish and valuation a joke under the circumstances. We're still close the highs, looks like a great opportunity to get out the door before everyone rushes at once. I have a big SPYder short position against my remaining holding, mainly funds and a couple of stocks. Dumped a lot of my tech stocks over the last two days and what year would be complete without selling UTEK again. I really wanted to short QQQ but I missed the top and I decided given all my selling I'll stick with the SPYders. Let the bear begin, I'm ready for you

Marc