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


To: Poet who wrote (5924)4/4/2000 8:24:00 AM
From: avanti77  Respond to of 8096
 
Thanks for the good wishes Poet. Wish you the same with your new positions. Yesterday looked pretty "climatic" to me. We may see a little more downside, but I think the worst is over. I usually start to accumulate in steps, but I am very comfortable with my entries. No crystal ball on bottom or tops. TA wise, Nas is oversold - so I'll enter here and wait to see which way it goes. Psychologically, I'm not sure how much more they can pound it, and still expect people to pay the IRS in 2 weeks. So, I think we come out of the woods here, and stabilize a bit. Perhaps not a screaming rebound, but I'm expecting tech leaders to stop bloodletting.

On another note, I'll think about that options seminar since I have much to learn in this arena. It would nice to have an excuse to travel to the east coast, if they ever hold it there.

Hope the markets are kinder to everyone today.

df