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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: The Phoenix who wrote (18385)	2/14/2000 10:50:00 AM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 63513

SLNK, depends on your pain tolerance. A 50% retrace brings it back to 15.5 and it would still be ok on the chart. I would not be surprised at this point to see it come down to $16 and accumulate before going up large. Sorry about the timing on that....On the other hand, it could ramp up at any time. CSCO....fast runup, lots of big boys that might not have been expecting it. I was looking at the put/call distribution and it suggests that we could retrace to 120ish. What do you think of the fab houses now? SLR at big support.