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

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To: Jorj X Mckie who wrote (26217)4/5/2000 6:11:00 AM
From: Rich1  Read Replies (1) of 63513
 
JXM, I think we retest yesterday's lows at least one more time. Maybe go lower all th way down to the bottom of the bell curve which I believe is 3450 on the NAZ. I buy there.
Putting my GTC in today CSCO at $55, JDSU at 75, ORCL at $55, NTAP at $38.
Usually in the past we had someone like an Abby Joseph Cohen step in a day like yesterday and tell the world everything was alright. Not that it matters from a PnF standpoint but it didn't happened.
As Tom Dorsey said in his seminar this thing will be over when the mags and news say we are in it. That will be the bottom.
Bought RMBS $250 Aprils at 19 a couple months ago. Any way to hedge them they are at $50 now. Just 3 contracts.
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