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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (23249)	11/2/2001 3:12:31 PM
From: Atin	Respond to of 52237

Oh yes! On the subscription site though: thestreet.com His reasoning isn't too bad actually - some quotes: "We are in a strange moment in the quarter. It is early enough that no one has to cut numbers." "In other words, in the vacuum of news, liquidity will trump all but the exogenous events. This market, in fact, really and truly wants to go higher." "Meanwhile, all that lurks ahead for the shorts is the dreaded "easier comparisons" where stocks that faltered last year are now going to report bad numbers vs. bad numbers. That's a prelude to better news vs. bad news." "I don't know how they can stand to stay short here, on the verge of a fed funds cut that will make cash virtually not worth the effort of maintaining. (And that's virtually no effort!) Only the real pros will be able to cover the next few weeks, and I think that most of the shorts are not real pros, but reckless amateurs who just got in the game." He did put a caveat later which said that he's still not a lover of NDX stocks - only owns MSFT. But his examples of stocks that are thwarting the shorts were things like SUNW, BEAS, EMC, etc. I'm still closing my longs! But then, the Rydex Dynamic bull funds (RYTNX, RYVYX) are scary anyway and have had quite a ride <g> -Atin