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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (40626)2/11/2000 2:54:00 PM
From: Michael Watkins  Read Replies (2) | Respond to of 44573
 
I've been watching the market very very closely and have been quite public in my concern. This day may well be the shot across the bow that causes a gap down on the COMPX on Monday. With fairly predictable results.

The NYA index is at its 1998 trendline today.

A massive swing in investor sentiment to high PE stocks will be a very bad thing...

And they will blame it on Larry Summers.

It is all TOO PERFECT.

(so the market will rally instead LOL!!!!)



To: Stoctrash who wrote (40626)2/11/2000 3:27:00 PM
From: Tom Trader  Read Replies (2) | Respond to of 44573
 
OK Fred, let this be a lesson to us both:

Now join me in writing a post stating the following 100 times:

"I will not buy tech stocks ever again"

:)

My system goes flat the short trade at 1380+ and then we can rally 100 points on the spoos!