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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (7410)	12/15/1999 12:06:00 AM
From: Gersh Avery	Read Replies (1) \| Respond to of 11051

Berney !! Please don't misunderstand me. I went back and did a back test over the last four years .. about the option fulcrum .. 100% correlation .. the pattern is now set .. we go down into the new year. A parabolic move over the next three days would be just some nice icing on the cake. Of course Y2K is a one time only event .. I'm just wondering if the cash that went out to the side is Miss Prudence come to visit .. You know .. "Perhaps it would be prudent to reduce our exposure by " xxx " % for the Y2K roll over .." You fill in the blank .. 1percent, two percent, three percent, four .. Then multiply by the number of folks that have been successful in building up large piles of stock .. (those folks tend to think about Miss Prudence, from time to time) bottom line .. many more sellers than buyers. back tested optimal time entry frame runs from Wednesday through Monday .. course if Miss. P is here, than that time may have already passed .. as in this Monday past. no man .. I'm looking for a large dark side play. "Dear Prudence .. won'cha come out and play?" Something I've been overlooking, if the large negative tick that has been hanging over the market ... It's been over powered by a positive trin .. so then .. we got the little guy bailing out and the big guy saying "thanks for the cheap stock." If that's the case then the market is currently hanging by a very thin thread. I suppose that it is possible that we could carry through into the new year without the thread breaking .. in which case it would run up like never seen before. BTW the last couple of times that I saw everything being sold at the same time, what followed was everything being bought at the same time ... but .. she just could be here. The "everything being bought" would bring that parabolic move off very nicely. If that takes place, we would probably have a nice shortable spike on 12/20 .. probably at it's high in the morning. but .. the perception effect of Y2K doesn't play out very often. On the flip side of my logic is the possibility that the US markets become viewed by the rest of the planet as the "safe" place to invest .. that could over power Miss P and send our markets into orbit .. I suppose what I was seeing today may have been the combination of all of the above .. blessed with strange times .. I'm looking forward to being on line 12/31 at midnight .. I'll probably pay a visit to the Asia forum to see what might be falling down where .. So anyway .. my $.02 .. if we get a run up over the next couple of days it may not be as friendly as it looks.