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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: kodiak_bull who wrote (22582)12/7/2004 9:17:31 PM
From: bull_derrick  Read Replies (2) | Respond to of 23153
 
I found the Worden report you just posted to be filled with double speak, something like 'We're in a short term downtrend unless it's an uptrend'. Not that I'm being critical of Worden, because the market has been sending very mixed signals. My gut feel is we still have an upward spurt between now and Christmas/year end so the fund guys can get their bonus payments. I expect the Naz to do better than the Dow as the fund guys put more money in the higher beta stocks.
Caught some RAD today on the selloff but sold at a profit before the end of the day. I've gone into about 10% cash where I was 15% margin last week. I'll allocate more to the market if we pullback further.