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

To: sandeep who wrote (46220)	3/7/2000 3:20:00 PM
From: Lee Lichterman III	Respond to of 94695

>>I sold my NAZ positions just in case..<< Probably a smart move, I am wathcing intently the island book on SUNW and MSFT, bids are being pulled and the decline is accelerating. I was actually expecting a closing ramp job but there is still time. GE appears to be forming a bearish flag onthe 10 minute bars. Not looking good for the home team. <ggg> Any news coming up this week that could save this wounded bull? I am considering opening a substantial short position here even though my gut is saying not to. Usually when my feelings don't jive with my charts, the charts are right and they are screaming that the NDX may be cooked. I am just afraid of the manipulation to get the NASDAQ to close over 5K for a couple days. Still as heinz pointed out, this could be 87 all over again. I do believe in spooks, I do believe in spooks, I do I do I Do. ( the cowardly lion in Wizard of Oz) <g> Good Luck, Lee