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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: SecularBull who wrote (5065)3/15/2000 2:26:00 PM
From: edamo  Read Replies (2) | Respond to of 8096
 
lof..."naz reassert"

this is an incredibly strong market....in spite of what today brings....look at the proverbial old line hi tech, large cap bell weathers........intc up 4+......a real naz blow out wouldn't have selective buying......

this friday/monday with option expiration may provide perhaps the best buying opportunity this quarter....



To: SecularBull who wrote (5065)3/15/2000 5:46:00 PM
From: RocketMan  Read Replies (1) | Respond to of 8096
 
I think that the DOW move is a headfake, and NAZ will re-assert
They just said on CNBS that they heard Fidelity is behind today's rotation. This is exactly what Fidelity did last year, at this same time, and absolutely killed some leading tech stocks. The Naz rebounded quickly, then Fidelity went in for their second kill. It took a few months for the Naz to recover, but when it did it left the Dow behind. Fidelity probably rotated back. If the same thing happens this year, look for a nice rebound over the next few days followed by another big selloff and rotation.



To: SecularBull who wrote (5065)3/15/2000 7:24:00 PM
From: Jimbo  Read Replies (1) | Respond to of 8096
 
LoF - finally someone who makes sense re this rotation - I listen to the talking heads on CNBC and just wonder who are they kidding - like I am going to sell my CSCO/JDSU/QCOM etc and rotate into Alcoa ! This too shall pass