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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Cheeky Kid who wrote (9670)12/15/1999 12:27:00 AM
From: Jorj X Mckie   of 63513
 
Cheeky,
Personally, I would wait to buy until the market gets a little stronger. Another one of the Major P&F indicators turned south today.

I would love to get into GNET at $50, but I don't think it will happen. I think that $76 is entirely possible....maybe even likely. If it gets to $68, I would be buying with both hands.

I am not expecting a BK, but I would not be surprised with a 100pt correction in the SPX (there is a big gap right around 1300 from the end of October).

JMO,
JXM
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