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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who started this subject9/27/2000 1:26:08 PM
From: mtnlady  Read Replies (1) of 65232
 
I don't want to seem negative but I think someone else *big* is going to warn. Watching huge block trades go by on some of the companies that institutions hold huge holdings in (LU, NT, CSCO, JDSU). Last time I saw this happen Intel warned. I just would be leery right now making purchases. We *might* see better prices soon. My bet is on LU warning (again). Their loss has nothing to do with the sector though. They just missed the boat and NT ate their lunch. Unfortunately everyone gets hurt in the fall out ... Happened last time.. probably will happen again. Hopefully.. I am wrong! <g>
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