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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (1810)12/21/1997 5:54:00 AM
From: Bilow  Read Replies (1) | Respond to of 5676
 
Hi GZ; I'm thinking that the safe bet right now is to go short the
Dow and long the techs. That is, bet that they reconverge.
That certainly describes the action Friday.

-- Carl

P.S. The dipsters around here are starting to get long faces.
When I told them Thursday after close that they were going to
have a great chance to buy on the dip the next day, they said
they didn't have any money, and the stocks they bought on
the dip over the last few weeks were under now.
As for me, I don't trust the market in the face of problems in
world economies, so I'll trade on the short side for now. Looking
at CSCO.