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To: mogwai8myball who wrote (70932)7/30/1999 6:59:00 PM
From: GST  Respond to of 164684
 
K. <AOL will probably bounce off its 200 DMA, if it gets there.> You don't have to wait -- its there now. Lets see which way it breaks on Monday. I say down -- maybe down hard. As for the last push -- we had it a few weeks ago -- its over now.



To: mogwai8myball who wrote (70932)7/30/1999 7:01:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
I agree with you, K. But... this mkt is very hard to play. I am hedging myself with puts, those are a pretty good bet here because you know at least one day is going to be way down in the next few weeks and doom and gloom will pervade. But, the sentiment is so terribly negative I hate to make a huge bet everything will fall.

That said, Glenn is right in that we are only a few points off the high in the Naz and thats a little disturbing. However, I think we will start seeing fewer net IPOs starting very soon (if not now) and that is a good sign.

How about that Juniper! And get ready to buy ariba when it falls enough.... I'll put that one in my IRA I think