Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: robert b furman who wrote (46229)	3/7/2000 11:57:00 PM
From: Lee Lichterman III	Read Replies (2) of 94695

>>I didn't short the DIAmonds). << Don't feel bad, I was so busy posting about all the bearish wedges and flags that I didn't put any new trades on either. I am amazed at teh carnaige going on here. I am really tempted at dipping on some DOW stocks but I really want ot keep my powder dry for these techs when they start falling so I can ride the mo mo train down. It could get spectacular. I just hope I don't freeze in disbelief <ng> All these years of it always comes back may inhibit the kill instinct when it comes time to keep riding them down down down. <ggg> I am still not convinced it is over yet. I want to see what DOW 9700 does, OEX 715, GE and CSCO at 125 etc. If those start failing, we won't hit bottom for quite a long time. Until then, this could bounce and rip us a new one with triple witching just around the corner. No matter what thogh, the bull is seriously wounded and it is a matter of time until the NASDAQ joins in. Tomorrow, after expiration or June, it is going to see 3K again even if it does kiss 5K one more time. JMHO Good Luck, Lee

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