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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: Robet Butkus who wrote (3561)12/27/1997 12:29:00 PM
From: VALUESPEC  Respond to of 7396
 
I've been taking some long positions on small-caps recently. This is the first time I've done this in a while. I'm positioning myself for when the year-end selling stops. However, I'm not extended as the asian markets could/should still haunt the general markets.

I also bought some MDCO on friday for $ 19.00. I was hoping the IBD article would pop it up some. I decided to hold because it did not look quite as weak as it had been looking. Also, after Dec 31, I'm wondering if it will show some strength since tax selling season will be over.

VALUESPEC



To: Robet Butkus who wrote (3561)12/27/1997 1:24:00 PM
From: TATRADER  Respond to of 7396
 
Robet, please stop, you are going to make me cover my shorts.....Don't you have any decency!!!(VBG)As Dr. Zeev would say, "Mark, the IEI(irrational exuberance index),(or IDI--Irrational Depression Index) is growing, it is time for the bull market to continue"......
I would like everyone here to smile at this point, to be upbeat, to recognize you have a lot to live for....Think in your mind, "The bull market will continue for another 15 years"...Repeat after me, "There is no such thing as a Bear Market!" Now, does everyone feel better.....Mark