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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (76570)5/6/2001 8:50:59 AM
From: Temple Williams  Read Replies (2) | Respond to of 99985
 
Hi JRI:

Yes, I agree. We are getting back to bad old habits. And we will pay for them again.

And, yes, the short squeeze is precisely what I think will continue to occur.

I trade the S&P Futures. Don't care if a rise or fall is justified or "fundamentally" sound ... as a trader, I only care about trading it correctly.

As an investor, I have been trying for 5 months now to dump a large trust fund position of IBM at 120 and move it into income producing instruments, and I hope this week is when this finally occurs.

As an investor, the market stinks.

As a trader, the market points higher in the immediate future.

Least that's how I hear it right now.