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Strategies & Market Trends : Love shack

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To: Grandk who wrote (277)1/11/2001 9:42:50 AM
From: D. Miller   of 322
 
retail been doing alright, bounced nicely off lows ltd, ibi, ann, anf - missed the boat on bebe. would of been my best performer in at 9 out at 18 rallied to 29, oh well. have puts on aeos 1.4 M shares filed to be sold. kinda scary, and not like they will lock in gains in 2000 they will be selling in 2001 - holding the may puts.

still waiting for capitulation, the yield curve has been bouncing back and forth to normal. a solid movement to hold should indicate a possible turning point for the market. i think we are getting close to a bottom.

still think the dow has to give it up for us to finally correct. everyone is addicited - out of techs to blue chips, out of blue to techs. for it to be over they all have to get out.
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