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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: marvin smith who wrote (4623)	2/7/2002 7:58:54 AM
From: moufassa7	Respond to of 13660

The bottom for the NAZ? Marvin, nobody knows. Right now it appears we have begun a re-test of the September lows. As you know I have not bought into the V recovery scenario that Wall St would like us to swallow. It's BS IMO. Their is to much debt around the world that has to be worked off before a true economic recovery can resume. Until that happens, their will be slow growth that does not justify current stock valuations. My prescription is keep a heavy cash position. Trade longs only after nasty dips and short rallies. Just my opinion.