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To: marc ultra who wrote (12688)3/22/2000 10:11:00 PM
From: Mr. BSL  Read Replies (1) | Respond to of 15132
 
Good luck with your SPY hedge. Hedges are good things in that they allow you to hold onto good stuff you may have otherwise sold.

The SP500 looked very impressive slicing through 1420 last week. Yesterdays follow through ( 1% gain on higher volume from the day before) iced it for the CANSLIM types. The P&F types (like me!) are swimming in buy signals in everything from stocks breaking above their 10 and 30 day moving averages to the first Relative Strength buy signal on the NYSE stocks as a group since April 98.

Then again, the market always looks the best at the top!
Time will tell. It always does.

Dick