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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (15724)	6/17/1999 10:59:00 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 43080

Susan...apparently investors see CPQ a LT buy. I still believe we will see 20 again as these funds or whomever exhaust their funds. I'm pretty amazed at today's action. Since we don't have a large threat of inflation for the economy the only large unknown will be the Y2K effects....and of course the larger fool mentality, and the market reaction to the rate increase fact. Traders can enjoy the volatility if they trade wisely w/i support/resistence ranges. And of course take advantage of extremes...I'm looking forward to the coming earnings season... I think I would have preferred a large correction to 9800...and a nice summer rally...I don't see it now....unless we see some large international event...like a nuclear exchange in India? Jeff