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


To: LastShadow who wrote (10642)3/16/1999 7:47:00 PM
From: Sam Quentin  Read Replies (1) | Respond to of 43080
 
<<Bullish complacency continues to be exhibited in the Arms index numbers>>

I believe I read in some posts back that you had gone into cash in your mutual funds. Have you gone back into mutuals yet.

Regards,
Sam



To: LastShadow who wrote (10642)3/16/1999 8:53:00 PM
From: jjs_ynot  Respond to of 43080
 
You have to be impressed with the market strength in moving up even with overbought and strongly overbought on the MYSE TRIN and NASDAQ TRIN. The market has worked off overbought conditions by moving sideways over the last week. That can't last much longer.



To: LastShadow who wrote (10642)3/17/1999 9:20:00 AM
From: Copeland  Read Replies (1) | Respond to of 43080
 
Maybe some profit taking today, but triple-witching means that the chances of a significant downturn are next to nil this week.