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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: blitzfund who wrote (53307)7/22/2001 2:01:30 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
I agree, I'm trying to understand that one too. It's not just calls, Bill went mega-long aggressively in this market.
These markets could rally 2 more months, but they are still likely to drop into October afterwards. I guess Bill's reason is "value" or SCYR as he calls it. But earnings are no longer in an uptrend, or did I miss something?



To: blitzfund who wrote (53307)7/22/2001 3:22:12 AM
From: Moominoid  Respond to of 94695
 
The SCYR thing is based on bond yields and earnings+dividends (sounds like double-counting to me but anyway) so I guess it went up as bond yields have gone down in the last month and half.

I try to anticipate the next market move rather than wait for it to happen. I'm very undisciplined <g>.