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


To: Cactus Jack who wrote (55800)10/26/2002 12:46:29 AM
From: RR  Read Replies (1) | Respond to of 65232
 
Hey jpg! Are you up at Tahoe? Word on the street was you have a big estate up there. When are you going to invite all the Porchers up there, huh?!

Yep, was studying those charts. You asked what I saw. Well, heck if I know! Hey, I'm still scratching my head!

Naw, I tell ya, we've had a good run. The SI gang is preaching the end of the word and, granted, you'd think we'd have a pullback. After all, I'm still holding some SPX Nov puts myself. But, look at the run folks missed the last few weeks. Think if you'd gone long some calls two weeks ago. Wow.

I don't know. This may have more legs. Market it looking ahead. Maybe at some optimism in 2003, maybe a rate cut soon.... who knows.

As always, never underestimate this market and the resilience of capitalism.

RR