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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (102514)	7/22/2004 5:11:13 PM
From: morokko65	Respond to of 209892

Pretty good yield at that point <g> better place a GTC order at $10.25 if some market or geopolitical event comes out of the blue... at the risk of being a bear clown, I still see way too much complacency and the culture of speculation has coming roaring back since the 2002 lows. too quickly, IMO. Everyone at the office is bragging about their stock & RE gains and salivating for Google, and their "next house." I would expect another "table clearing event" in the next 1-2 years. Perhaps the mythic derivatives debacle if ST rates get back up to 2-3% and kill the carry trades.... not going long until the NASD summation approaches -1000. good time to take profits in USPIX.