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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: mattie who wrote (20689)5/3/1999 2:25:00 PM
From: j g cordes  Read Replies (1) | Respond to of 68048
 
Pretty wild ride, that's for sure. Usually May has a good week then goes down into the third week. This markets been making a fool of shorts for a long time so be quick and nimble if you go that route.



To: mattie who wrote (20689)5/3/1999 3:08:00 PM
From: Johnny Canuck  Respond to of 68048
 
I can't say I have ever seen the situation suggested in this short before.

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Excerpt from Briefing:

CSFB's Portfolio Strategy : according to CSFB, group rotation has become so rapid that there is virtually no leadership in equities; believes this type of event precedes periods in which leadership is undergoing lasting structural change; suggest keeping sector weighs closer to neutral and avoid major sector bets; and because global growth is revving up, interest rates outlook is clouded, making richly valued areas like technology more vulnerable..