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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: ALTERN8 who wrote (44769)1/5/2001 10:40:17 PM
From: carepedeum2000  Read Replies (2) | Respond to of 57584
 
im afraid my 100% bull posture didnt last very long, the thought just hit me, what did greenspan see that scared him enough to hit us with the surprise bomb? was it just politics? or was it this russian debt deal or utility crisis in california? it would not surprise me to see both of these issues to get more press over the weekend and some more selling hit us early next week, entry points are key, and im afraid the vix is going to have to make another trip to 35 area to signify another bottom, i did not enter any new positions today and took some money off the table, my bull is going back into the closet until we know what greenspan saw, the russian deal and utility deal could spark some kinda chain reaction in the finacial markets, and i personally want to see if there are any more rats in the woodpile before i bring my bull back out of the closet, we cant possibly get another rate cut before the next meeting and what will the market do if greenie doesnt give us a cut? when in doubt stay out, good news is, the world can change very quickly,
cant wait for another "burst"day, question is from what price will we get it?
im afraid the big boys are not done frustrating some more individual investors out of the market
keep your heads down