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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: kash johal who wrote (81798)12/2/1999 5:55:00 PM
From: tejek  Respond to of 1576867
 
RE <<<I am expecting a decent correction before december closes.

I expect a big retracement tomorrow.>>

Kash, I am really glad you shared your prediction as I am as margined as I have ever been. Obviously I don't share your prediction....a retracement will occur tomorrow if their is a drop in the unemployment rate below 4% or jobs increase by more than 310,000; neither of which is likely.

As for a correction in December; that would be unusual...December usually is a good month for stocks. However, since the tech runup, everyone has been expecting a correction so maybe you are right.

ted



To: kash johal who wrote (81798)12/2/1999 10:05:00 PM
From: Charles R  Read Replies (1) | Respond to of 1576867
 
Kash,

<BTW, I cashed in all my stocks today and only own my AMD calls.

I am expecting a decent correction before december closes.

I expect a big retracement tomorrow.>

Can you shed some light on why you believe this? I am sitting on good cap gains and pushing out the taxes one more year (or at least quarter)is what I am thinking of.

Chuck



To: kash johal who wrote (81798)12/3/1999 10:16:00 AM
From: Cory Gault  Read Replies (1) | Respond to of 1576867
 
Kash:

So far the big retracement call doesn't look too good!!!! Early though!!

CG