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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Rich1 who wrote (54578)10/1/2000 5:34:46 PM
From: Jorj X Mckie  Read Replies (2) of 63513
 
I agree that there is some change in the leadership, as far as the temporary market bellweather is concerned. I'm not sure why there has been a change, but I think that the important point is that the leaders still need to get shot before the current bear market can end. When they are shot, we get capitulation. NTAP already showing signs of breaking down.

I am going to continue buying good stocks that were already broken and are near support and I am going to buy puts on JNPR and NTAP on any rally.

I do believe that it is an anomaly that stocks that are not terribly diversified are now the "generals" and I believe that it will change within a quarter or two.
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