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Dave - I agree with you completely. There is only one reason why it
might be wrong -- I finally got out of all my equity mutual funds. Then
again, I still have a few shares here and there elsewhere, so the bottom
cannot be in yet...
I am looking for 6990 before the year is out (maybe b4 september is out)
and 6500 next year (big rally though after 6990).
Steve
Austowne@xxxxxxx wrote:
>
> Fellow Future Millionaires,
>
> Is there a saavy SnP trader out there who is not salivating at the prospect of
> the market collapsing 200-300 points in the mother of all 3/C waves? Given
> the inevitability of this outcome, I have a few suggestions. 1. Dispose of
> daytrading altogether; it's time to position yourself for mom's inevitable
> visitation. 2. maximize leveraging capacity: take out a second on the
> house, liquidate the kids' college fund, cash in the retirement account,
> borrow off the VISA , beg, borrow and steal, to be ready to load up on puts
> or shorts when that key reversal arrives in all its glory. 3. Stop pining
> after that house, car, boat, anything that is 90 days same as cash. Buy it
> now! Don't postpone your dreams another moment! The future is NOW. Who
> needs the lottery? Who needs a real job? The money's there for the takin'.
> Take as much as you want. Mom's ready to PARTY!
>
> Or are WE there for the takin'? Will WE be the party favors?
>
> Is anyone out there as uneasy as I am about this cataclysm euphoria?
>
> Is there anyone out there looking for contract highs before Sept expiration?
>
> Peter 2120, I can see your fingers itching to type "Who cares....", but it IS
> food for thought. Besides, I need to know if there will be someone out there
> to pay for my new boat.
>
> Dave
>
>
>
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