Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Gary105 who wrote (48199)	8/11/2000 5:59:14 AM
From: robert b furman	Read Replies (1) of 94695

Hi Gary, I didn't like the weak response the market gave to AMAT's great earnings and rosey outlook for the future. The naz is sick and like previous post maybe a good purge would make it tummy feel better. I see some serious puging going on in selected stocks.When the generals show some capitulation and we get a vix spike into the 50-60,a safer buying point will have been reached. At this point in time,I'm keeping my powder dry and waiting to see some serious fear develope. I think Stains has called it right so far. TC2000 has called most semi-equip stocks as good short candidates - with close stop losses. I think they are right. I'm not nimble enough to trade likem that - but I would like to initiate some lo-ball longterm accumulation when/if the volatility spike says its time to steal-em. There's been a lot of carnage out there but no blood in the streets. Just selected gut piles in the gutter. Bob

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