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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Justa Werkenstiff who wrote (36017)3/2/2002 8:50:14 PM
From: ajtj99  Read Replies (2) of 99280
 
Justa, I want to believe. Right now, I'm on the fence and looking for answers. I look at CSCO and see that it needs to get past 16 to get anywhere. MSFT looks good, QCOM is recovering, but ORCL is going to tank on Monday.

You could be right about INTC. The SOXX should consolidate a bit before it thinks about moving up, and it is near a level that has provided some decent resistance since the January highs.

There are no easy answers right now. The one thing we need to remember are the need to kill all those March puts. In a Non-trending market, the invisible hands will attempt to bring us up to kill the puts.
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