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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Cactus Jack who wrote (48043)2/26/2002 10:43:53 AM
From: Sully-  Read Replies (2) | Respond to of 65232
 
Hi jp,

I'm all cash in my trading account & loaded for bear in my retirement account. I see lots of potential for downside near term & am looking for an entry to profit from it.

Most likely QQQ's short.

Don't like the VIX or VXN...... too complacent. Some valuations are still way too high. CBOE put/call is stubbornly bearish though (smart money perhaps?). One more accounting scandal or an announcement that a major company needs to restate due to past accounting practices & look out below.

BWDIK?

Ö¿Ö



To: Cactus Jack who wrote (48043)2/27/2002 11:12:19 AM
From: RR  Read Replies (2) | Respond to of 65232
 
jpgill, having patience in this market can help you get richer.

Think of all the gurus over the weekend saying this past Monday could be a "black Monday." Now we hear the gurus talking bullish.

Turn on dime.

Patience.... patience....

Wait for that trade to come to you.

RR


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