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Alias Born 11/06/2002

Re: mainehiker post# 50172

Thursday, 11/28/2002 11:30:44 AM

Thursday, November 28, 2002 11:30:44 AM

Post# of 704049
I agree with you on many points, though the 'mysterious' overnight futures gains have almost always been as a result of news, however it may have been spun, being released during the AH session in NA. On just one or two occasions, news in Europe, which does also have a telecoms/IT presence, has caused a large rise in the European stock markets, pushing the mini-Naz higher.....Vodafone and France Telecom have both done this in recent weeks, albeit for different reasons.

For myself, I know that the worst thing to do is to become inflexible about my view of things. The economy is without doubt in a whole world of pain, and future guidance, both from consumer sentiment and the honester companies is unclear, at a time when valuations on some sectors of the stock market has become outrageous.

Back to shorting again then.


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