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Strategies & Market Trends : Group Therapy

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To: Wolf 2 who wrote (2053)	8/4/2000 3:37:33 AM
From: Alan C. Zezula	Read Replies (1) of 4564

Hi Wolf, Thanx for the thought. But I work all summer 6 days a week. Goes with the territory. I work so people can play. Like you I am usually 80- to 90% invested. I own 49 positions. The tax implications and logistics of going all cash do not work for me so I ride the Tsunami's. It was wild to see the NAZ open down 137 by 10 a.m. and then close up by 101, equals ~ 678 point move in the Dow. Now that is volatile!!!! IMHO we experienced a st key reversal day due to the good volume and the velocity of the turn around. We shall see. As I told cb with a good non farm payroll and unemployment number I think we could rally st. and get an Al "bounce". I hope I'm right as I have calls on ORCL, SUNW, ANF, EMC, CSCO,CPQ, and INTC. They could use a little boost. I also have calls on LU and LSI which are January's and are really under water, but have 5 months to go so I'm still hoping for the resumption of the summer rally. Hibernate and enjoy the cottage and lake :-), cb and I have everything under control <VBG>. Al "the bounce" Al

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