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

To: American Spirit who wrote (76578)	5/6/2001 7:05:34 PM
From: Temple Williams	Read Replies (1) \| Respond to of 99985

American Spirit, you may be right. But my exit is 120.00 OB, and that is it. Since March 2000 I have moved my investment stance from equities and into income-producing bonds and treasuries ... IBM is the final exit ... I will not move back into equities for 2-4 years, from an investment viewpoint. If IBM moves to 150, then my trading position will have (probably) taken advantage of the accompanying S&P Futures move. But, for me, equities are not an investment vehicle worth riding for quite some time. They are a good trading vehicle, but the Spoos remain my weapon of choice for that.