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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?

To: moorso who wrote (4860)	9/7/2001 12:42:28 AM
From: Dr. Jeff	Respond to of 8150

Yes, Naz is screaming BUY ME! I think you're absolutely right! Time to get mega long for an epic rally into options expiration as I've never in my life seen so much doom & gloom and outright extreme bearishness. Tice was even on CNBS today. He was also on April 4th as the Naz was putting in it's last bottom. His appearance and several other factors got me covering most of my nicely profitable shorts today. Still a ton of people looking for a crash and a "retest" of the April lows. Well, the SPX is on them and the NDX is at new lows now. So I'm getting long against the advice of many fellow bears. Perhaps I'll miss a crash, but I doubt it. I'm still bearish longer term, but I think it's been too easy on the short side for so long that it's time for a curve ball (ie- substantial rally).