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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Matthew L. Jones who wrote (9210)2/25/1999 8:28:00 PM
From: LastShadow  Read Replies (2) | Respond to of 43080
 
You might want to browse back a month or two on this thread for my opinion, but I haven't seen any reason for it to go down anymore than it should go up. But I won't go horizontal much into March, and that has nothjing to do with anything other than that the funds can't sit on the 401/ira moeny longer than the end of first quarterwith nothing but bond interest to show for it. if they do, folks will start putting it into currency triangles or OTC funds - which were the best performers last year, and of course thatwill do two things - - first, it will make the small cap market rise like a bullet, then it will cause a correction when all the traders start shorting them...

I was serious about trading the gaps btw. Visit Mach6.com's site (see the 'screens' sections), my site, and others jay may have posted. Its hard not to make money playing thegaps- maybe not al lot, but it sure beats watching the paint dry on ranging days.

lastshadow