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Strategies & Market Trends : TradersChoice 2000 -- Ignore unavailable to you. Want to Upgrade?


To: d j reisman who wrote (145)9/24/1999 9:06:00 AM
From: Jeff Jordan  Read Replies (1) | Respond to of 604
 
cincydj,

Well, I may have to force myself to short any runners. I don't see the market turning up here, same as Wednesday. We will get more earnings warnings then in a few weeks we can look forward to nice earnings plays...hopefully before then we will be finished w/ this valuation correction...the next Fed rate hike has already been factored. It is very critical where we close at today. If we close below 1282 SPX support level again...1262....even 1230 are very possible IMO. I will eye the SP options today...

Jeff