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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: McNabb Brothers who wrote (70368)4/19/2001 6:02:49 PM
From: Manly  Read Replies (1) | Respond to of 122087
 
Who in the heck would be going long on stocks right now???? Irrational joy I see has resumed the last few days. I am starting to short DELL, ATML, along with a number of retailers. Retailers have been very good to me by shorting lately.

I know the fed just lowered rates - has anyone forgot about these companies that are hitting their numbers are hitting severly lowered numbers, warnings still coming out for the rest of the year, summer doldrums around the corner, unemployment growing, consumer confidence from not working will continue to erode the market, and energy prices should be interesting to watch the next few months especially if the west gets hot.

I can see us retesting our lows in the next couple of weeks.