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

To: Jerry Olson who wrote (26865)	9/23/1999 4:57:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

OJ, quite right...this wasn't capitulation yet. i'm a bit disappointed, i was hoping for a bigger bounce than we got this a.m. to add to my puts...but i really can't complain about today. timing was excellent. :) regards, hb

To: Jerry Olson who wrote (26865)	9/23/1999 5:48:00 PM
From: gaj	Read Replies (1) \| Respond to of 99985

i have nothing factual to base this on, just basing on past events... we bounce hard tomorrow. dow +150, now +60. neither of which will hit the former support, now resistance points. monday is a new day, and i won't venture anything. however, with all these new IPOs in the market, money's going shifting from one place to another, sucking more money out of the 'net sector, and the IPOs have not been strong... i got cmgi out of money calls right at EOD. may even hold through earnings...