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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: 52387674 who wrote (31888)	6/14/2000 6:46:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 50167

Hi Morris, Thank you for your kind comments... I appreciate them... the reason I suddenly became bearish was because the gap that everyone was talking about was already filled and the markets did not rally, but rather they continued to sell off... I dumped my contracts and stayed short the calls overnight... I was almost 100% convinced that the bull had died... the next day, to everyone's surprise, mine too, the market began to rally right after Greenspan finished speaking... seeing that there was no downside follow through, I jumped back onto my long contract positions and rode the rally into the close... now here I am still long the contracts and short the calls... I also bought the U.S. Dollar Index today... I suspect that the dollar will rally along with US stocks, presuming that US stocks might even rally after some hesitation at these levels.....<g> Best Regards, GZ