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Strategies & Market Trends : MDA - Market Direction Analysis

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To: KM who wrote (34258)	11/28/1999 1:34:00 AM
From: Lee Lichterman III	Read Replies (1) of 99985

>>puts on SUNW and CSCO. << You have bigger ones than me !!! I show them severely over bought but they are in a full fledged mania right now. Where it will end who knows, hope you have a good mental stop in place or else bought far out. I liked CSCO short a couple days ago but it just seems to refuse to fall. No one cares that their last earnings release was all smoke and mirrors or that it is trading at about 100,000 years of future earnings. Maybe they will be able to stop the aging process so that investors will actually see their money returned on this. <g> CSCO and SUNW are leaders but give me a break, at their ratios right now, someone will knock them down by the year 3000. <ng> I am thinking short NAS and long a few DOW stocks for next week but I want to see how Monday starts first. Good Luck, Lee

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