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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Lane Hall-Witt who wrote (96754)5/9/2000 11:33:00 AM
From: lee kramer  Read Replies (2) | Respond to of 120523
 
LaneHall-Witt: Just got in from working on the pool. "Whatcha think of this market?" I asked Dortumnder. He gave me a look like I just came in from swinging on a banana tree. "Doing? I'm short a little bit of QQQ, but mostly I'm doing nothing. What do you suggest I do?" "Gee, Dortmunder" I said, "I was just trying to make conversation." "Ok, here's some conversation. The money is being made on the short side but I don't want to walk into a rally. I may nibble a bit here and there on the short side. Put the buy-stops in. Wait for this all to settle. And it will. Just don't ask me when. You've been through bears before. You be careful and you be patient." He didn't offer me a scone, just kept looking at his charts. (Lee)