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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Les H who wrote (64576)2/4/2001 7:31:25 PM
From: Lee Lichterman III  Read Replies (2) of 436258
 
Agree with the sides thing and I don't think too many really wanted an OK corral type thing. -ggg- Only reason I mentioned you was you were the last one to kind of stay there. Heinz and a few others migrated here, Don and I moved to Stock Attack etc but you kind of floated around for a while but mainly stayed on MDD so I had to keep it bookmarked to make sure and catch your posts.

Agree with your overbought readings. I was a few days early in my put buys but that had more to do with the Fed meeting since I wanted to be hedged both ways before they acted since I wasn't sure how the market would react although I had my suspicions. As I said, I will be watching to see which breaks first, 2400 or 2650 on the NDX. Futures are up right now so maybe the PPT will come to the rescue. I was very surprised that they didn't rally it before the close Friday. Friday rallies used to be guaranteed. You can't even count on the PPt anymore to allow cheap put entries anymore. What is this country coming to. Tsk Tsk. I will likely close out the last my puts tomorrow then re-evaluate things after CSCO reports, gives guidance and the market reacts. Heck I may even go clown for a while and buy QQQ calls before the report. The mania is strong still and it will take a while for the mania to die completely.

Good Luck,

Lee
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