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To: drsvelte who wrote (12708)3/30/2000 10:54:00 AM
From: drsvelte  Respond to of 14427
 
Cramer looking for a retest...

Waiting for Dislocation
By James J. Cramer

3/30/00 9:59 AM ET



Click here for the latest from James J. Cramer.



Darn Dow. Sure would like to see everything down to get the full whoosh capitulation. We have deployed some cash in old tech and wireless.

Recommendations are working. Good stocks are working. The panic selling is just fine.

Human fallibility keeps us from being bigger. We know the traders will flip out on the first blip up and that will fail. So why bother to put more to work here?




We wait for dislocation. What's the hurry? It's not even 10:00.

The Trading Goddess (my wife whom I traded with for seven years) would say, "Go take a nap. Get ready for the real show."




To: drsvelte who wrote (12708)3/30/2000 10:58:00 AM
From: shasta23  Read Replies (1) | Respond to of 14427
 
4585 is 68% fib retracement of the upmove. If that breaks then a test of low becomes likely.I hope it will hold here...better chances of turnaround and less way to go to make a higher high. We need to take out that 20EMA15!

Stefan