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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (26754)9/22/1999 10:21:00 PM
From: Lost1  Read Replies (1) | Respond to of 99985
 
I find it hard to sell QCOM, etc..

Juice Jr. has found religion. The Church of Poots. Actually he's been real busy. His fans all miss him over on the OT thread. You might find him over on the "Big Cajones not a Myth" thread <gg>.
Subject 30807



To: Jerry Olson who wrote (26754)9/23/1999 10:01:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
OJ, please...don't go bearish on me...<gg>

seriously, you're right about one thing: as bad as all the internals look, bearishness has increased markedly, at least according to the polls. looking at dollar volume in OEX puts however, there seems to be no rush to play the downside or hedge against a nasty. lately i've seen a few big bets being made in the OEX options on a bounce...often that means there will be no bounce. still, you have to admire how the market keeps on holding up in the face of a lot of negativity.

regards,

hb