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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: jjs_ynot who wrote (571)10/12/2000 10:52:34 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 8925
 
Yes, from one evidently lucrative point of view the play may be to position trade this Short and scale in.

Never did the scale thing though. I just never could get my arms around scale trading. I like to sleep at night. I cannot tell you how many times when a trade was on overnight I awoke at three in the morning to check Globex.

I should buy an explosives factory, a munitions dump of some sort. I need something with a more calming sense of ownership.

Actually, a lot of my posture these days is in the bond market. The dive in the equity market does not hurt overmuch but I sense it's a harbinger of bad times to come for the overall good of the many.

I guess I'm too liberal. Must have been the result of coming of age in the 1960s. But it still bugs me that I sense the global economy shall be full of termites in the near term at least.

Hope not, but of course I wish you well in your Short position anyway.