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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: space cadet who wrote (3858)3/2/1998 4:05:00 PM
From: Don Westermeyer  Respond to of 18691
 
The long bond went back up over 6%. That makes a lot of the 'new era' people very nervous. IMO this today the start of a significant correction, IMO S&P 500 down 10% is not unlikely.



To: space cadet who wrote (3858)3/2/1998 4:17:00 PM
From: Pancho Villa  Respond to of 18691
 
Space >>But given how weak the market looks today, if it is down tomorrow then I think this bull run is at least temporarily over and the shorts may have some fun in March. <<

Good point. I must remind you though that no one really knows what comes even if we have a down day tomorrow. Historically, Mondays are soft days.

Pancho


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