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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (43605)	9/24/1999 4:42:00 PM
From: B.REVERE	Read Replies (1) \| Respond to of 94695

What indicies are you watching? Dow and spx broke support yesterday and failed to rally today.This is from this morning's briefing comments and these guys are always bullish. 09:15 ET: With the Dow and S&P taking out key support levels yesterday, it seems likely that bears will be putting pressure on the bulls in early trading... One unique aspect of the selloff was that tech bellwethers still remain close to their highs and have plenty of room still to give... Thus, if their condition continues to deteriorate (we suspect it will), any signs of strength are likely to be deemed selling opportunities ... A silver lining to the equity losses, though, is that they have helped ease some of the Fed concerns for those who believe Greenspan & company are really targeting stocks... Merrill Lynch among the most active today on the research front with upgrades to Lehman Bros. (LEH), Motorola (MOT), Nokia (NOK), Ericsson (ERICY), CVS Corp. (CVS), and Pinnacle West (PNW).

To: GROUND ZERO™ who wrote (43605)	9/24/1999 6:04:00 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

GZ, I agree with you totally... tried to get in but my equipment failed me. (IT WAS MY PC, pulease! As they said when Lorraina Bobbit did her thing... she was only a little crazy, but he was just nuts. <gggggg>) But, trading options, the open Monday promises to be as good if not better. Most will agree with B.REVERE and not you and I and therefore we will probably start Monday with either weakness or a retest! Besides, I want to check my Barron's - based indicators tomorrow... Bill