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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: besttrader who wrote (17736)4/21/2001 3:26:33 PM
From: American Spirit  Read Replies (1) | Respond to of 37746
 
What if there isn't a move down? The only opinions I've heard about potential downturns is perhaps a summer doldrums grind but that all depends on whether number start improving. Consensus if a boffy 4th quarter recovery which will be priced in during the 3rd quarter. So the 2nd quarter is the question mark. Some short ops there I'm sure.

I plan to sit out the summer holding only large cheap telcos, maybe a dog or two and an oil stock or two. Also because I'm traveling a lot this summer and can't dit here doing this.

My bullishness is definitely until May 15th then I may go neutral. I expect many more dogs which haven't participated to pop between now and then. That's where the real money is short-term IMHO.