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

To: Jeff Jordan who wrote (19169)	8/10/1999 8:21:00 AM
From: AlienTech	Read Replies (1) \| Respond to of 43080

>>Well, I really hope it doesn't hit 30...I don't actually believe it's going to sell off much further with all the interest and speculation about buyouts and deals. << See thats what I mean by blabbering. Y Even a lot of the CMGI holders I am talking to are expecting it to get to a low of 55-60 area which is 30% from where it is now. If the SPX drops 50 points, I expect the DOT to try hitting 400. Which is 20% from here and I expect the big inties to take a whapping of a life time. And no I dont want to pick em up cheaper. I would rather see stability and strength now. And no deal or rumor is going to help anyone.