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Technology Stocks : Enterprise Informatics
EINF 0.5100.0%Sep 29 5:00 PM EST

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To: Greg h2o who wrote (9064)4/15/2003 3:40:29 PM
From: Steven V  Read Replies (2) of 13797
 
Yeah, it is possible Greg. If it can hold 900, then I lose some and flip around. But re-read your post Greg. It is almost textbook belief at the end of every bear rally that is is really different this time for this or that reason. And so far the trend is batting 1000.

If it can break out of 900 and hold it on high volume approaching 925, and low volume on the pullbacks to 900, then I'll flip. I just don't see it happening though. It is possible the opposite happens and it approaches 925 on substantially lower and lower volume and volume increases on the pullbacks. It seems to be exhausted at these levels.

If nothing else Greg if you are heavily long on indexed positions then I'd strongly consider hedging with some cheap puts. Puts are incredibly cheap right now, especially if you consider them as simple insurance policies.
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