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To: Peter V who wrote (12922)4/7/2000 8:18:00 PM
From: Timelord  Read Replies (2) | Respond to of 14427
 
Hi thread - Read through posts and news on CNXT and could find little other than SG Cohen downgrade as the reason for its trip to the trashmasher. Anything to look out for as we approach earnings? Dipped my toes in SAWS also, looking for same guidance.

Thanks,

Alex



To: Peter V who wrote (12922)4/7/2000 11:41:00 PM
From: NucTrader  Read Replies (1) | Respond to of 14427
 
>>Let's hope next week doesn't bring any unexpected surprises<<
So that it won't be totally unexpected (if it happens ;-) )
from Barry Rosen's 4/6/00 update:
>>OVERALL: We getting projections to at least the 3292 region on NASDAQ cash but we think the June futures could fall all the way to the 2328 (not a misprint!) region. Cycles turn very weak starting Monday and we will want to get short. Current Elliott Count is probably doing 2-of-a-big-3 down so make sure you do not miss the 3-of-3 move lower coming up.
TRADING STRATEGY: Stand aside.<<



To: Peter V who wrote (12922)4/12/2000 5:07:00 PM
From: Peter V  Respond to of 14427
 
Surprisingly, I'm nearly back in the same position as I was in last week

Well it didn't take long to fix that. Yeesh, what a day for my long-term positions.

So how much lower are we going? Will this prediction come true? I wish I had followed this guy's advice.

OVERALL: We getting projections to at least the 3292 region on NASDAQ cash but we think the June futures could fall all the way to the 2328 (not a misprint!) region. Cycles turn very weak starting Monday and we will want to get short. Current Elliott Count is probably doing 2-of-a-big-3 down so make sure you do not miss the 3-of-3 move lower coming up.