Piffer OT - And Other Assorted Nuts Message Board

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

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To: Jorj X Mckie who wrote (26182)	4/4/2000 10:13:00 PM
From: Don Pueblo	Read Replies (2) of 63513

If I were a tech fund manager, I would have spent every dollar I had free when the Nazz was down 500 points. MSFT, CSCO, whatever I wanted to own. My basis is lower, and there is no way I could be worse off than I was on Friday. When the Nazz came back up above 3900 because of that buying, I think everybody that was short this morning had to cover, and that's what drove it back up to 4100. Small down move for the next day or two is my guess...that will shake out the short term players that went long this afternoon, and coax a few short players to jump back in. Then we go back up. What I want to see it where we go back up to. That's what I want to see.

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