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ogm

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Alias Born 08/09/2004

ogm

Re: Burk post# 388930

Friday, 05/06/2005 1:47:05 AM

Friday, May 06, 2005 1:47:05 AM

Post# of 704049
I have to admit that you were right on this. For the past few days market certinly looks stronger. I was in big doubts about the market direction last week, but now that we had increase in prices I'm more comfartable selling short :)
Though market may probably go up a little more, bad economic data and resilient oil above 50 should keep it choppy and difficult to trade.

Treasury borrowing doesn't start ramping up untill mid May, and the Fed has pumped a lot of liquidity lately. The higher it goes the better shorts I will get :)

We'll see how it goes. Good luck.

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