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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (46966)6/14/1999 3:22:00 PM
From: MythMan  Respond to of 86076
 
It's been safe. Dow is telling you it is -s-



To: John Pitera who wrote (46966)6/14/1999 3:39:00 PM
From: Defrocked  Read Replies (1) | Respond to of 86076
 
I'm suggesting I'd rather sell SPoos higher than here.<g>
I don't trust it, given the odds of a rebound based on
a recovery in bonds and short covering,again,in equities.<ng>

Technical guys tell me this area fairly strong for SPX. Also,
despite Inut debacle, not one sell program has hit NYSE floor
that I'm aware of today. Strong hands around so far.

Bonds set to ramp up if stocks fall, thereby providing a
potential underpinning for stocks, for now.



To: John Pitera who wrote (46966)6/14/1999 5:53:00 PM
From: Investor2  Read Replies (1) | Respond to of 86076
 
Re: "the nutz have had their drubbing. Are you suggesting that the indigestion has passed and that it's safe to get back into the pool?? -vbg-"

I had that thought for about one minute, until I looked at this chart:

techstocks.com

On an historical basis, these stocks are still relatively close to their highs.

Best wishes,

I2


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