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Re: AD post# 369297

Monday, 03/14/2005 1:40:17 PM

Monday, March 14, 2005 1:40:17 PM

Post# of 704044
We should see some rally this week going into options Fri. I'd be selling into it and finally I would starts to set up some longer term shorts during this rally. Its my opinion we're getting ready for that very nasty selloff I'm expecting. I believe we have seen the top. I also believe the dollar will head north soon which will also hurt stocks. I'm presently 95% cash and preparing to get more aggressive in shorting some stocks. As for energy stocks, I'd be buying them about 4-5 days before months end for an end of the quarter mark-up window dressing move. Consider this my warning. Raise cash during the next up move and plan some short targets. Those in longer term positions should consider either cashing out or at least take a bunch off the table. I'd be sticking to day trading while going home in cash every night once we get thru the short term options rally. Even with the selloff I'm expecting I do see some very selected stocks which may surge based on coming events. Got my eye on oner right now but overall, this market should get ugly soon.

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