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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (12164)6/21/2002 5:03:32 PM
From: techanalyst1  Read Replies (2) of 57684
 
Well.... I sold all my puts today including IBM. I still think that there is something terribly wrong with the market, but profits are profits.

I think that if we break the naz lows that we are in deep doo doo. All that has to happen is for msft to crack and it sure could.

We can rally but if earnings don't start getting revised up instead of down it's going to be a grind down just like the telecom stocks have done.

TA
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