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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (17816)5/3/1998 10:36:00 AM
From: bearshark  Respond to of 94695
 
Hi I2: I sold all my long term long positions in the first quarter of this year. I was not tricked by the pigs and lambs in January. I simply donned my fake horns and hooves and joined the crowd once I saw what was happening.

However, last week I read a possible decline after a rally. That rally started about a day or two before I expected it to start. As a result, I never had the chance to set my positions for a decline. Friday's market certainly looked poised, for the most part, for a decline to start in the last hour. The opposite occurred and turned my expectations to neutral. However, tomorrow is another day.

I have a great deal of respect for the farm animals. They are very nice and plump. Now if they just cooperate and stop chasing me when I try to take a bite out of them