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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (937)2/23/2001 1:06:14 PM
From: donald sew  Read Replies (1) | Respond to of 52237
 
Paul,

>>>> . Applegate just changed his SPX 2001 view from +4% to -4%. <<<<

Yeah, also heard on CNBC that GALVIN, who has been so bullish and so wrong for so long, is now also becoming less bullish/more bearish. Maybe a sign of a bottom.

If we dont rally into the close, this could have an ugly effect on MONDAY. If we close at the lows, I will add another small long position in the UOPIX(long-NDX), since I will still be more than 80% cash. If I didnt have such a cash position, I wouldnt be sleeping well at night. Dont get me wrong, Im not bullish, just playing for a possible bounce in light of my cash position.