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Pastimes : CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT. -- Ignore unavailable to you. Want to Upgrade?

To: IndexTrader who wrote (45)	4/18/2000 9:39:00 PM
From: coug	Read Replies (1) \| Respond to of 306

Hi Susan, Trying to get my thoughts together here this cold spring afternoon, I'm not convinced we go much higher. Didn't feel like running in the cool breezey weather so spent afternoon trying to find a bullish case. I can't. Needless to say, I was very surprised at today's action.. Didn't do any trading but it sure did wonders for my long term account I didn't do anything rash like trying to short so no harm there.. I did transfer my wife's 401k to fixed from index which will take place after today's close so we got today's action which was nice. I have been timing it and have done pretty well. I have a long term oscillator and it went -0 within the past day or so. first time since last SEPT. Closer in, time wise. the last two days snap back rally, my derivatives look similar to this year's first of February come back. My VIX oscillator is way down suggesting it will start to climb back, even though, the VIX itself, is at high levels. I have noticed that high level VIXs can stay high do to momentum and let the market drop. They IMO, don't have to immediately drop.. Same things happen on the low end with opposite results.. So in conclusion, I would expect a significant retracement down before we much upside action. Maybe it is time to go completely to cash and see the Southern Cross.. Just like old Joe Kennedy did before the crash in 29. pack up his family, and head for Florida when the shoe shine boy started giving him tips. I'm starting to sound like a Joker that is always puunding on some poor clown's head.. gg.. but I change my mind in a hot second.. Well I burned enough bandwidth.. so good luck in the morn. m