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Strategies & Market Trends : January Effect 2003 -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (424)	5/1/2003 10:18:30 AM
From: Londo	Read Replies (1) \| Respond to of 666

Caught the S&P short at 908 and 906, but I believe this is the first part in something longer (trend-wise), specifically what's getting my attention is that volatility is finally increasing, bonds are the highest they've been in awhile, and the Euro is sky-high.. it all suggests a shift of capital allocation away from US equities, which should lead into quite a down month for May. Now I'm just wondering whether I can hold my S&P shorts long enough to take advantage of the slide while not being shocked out of any counter-trend rallies in the meantime. I'm rather pissed I didn't hold onto my Euro longs. (Edit: my TBond short got stopped at 19/32, so lost less than 1% of my equity on that trade).