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Pastimes : CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT. -- Ignore unavailable to you. Want to Upgrade?


To: coug who wrote (29)4/12/2000 4:06:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 306
 
coug,
I have been looking for 3750 since last week...I think that we will reverse up from here. But I wouldn't put my whole stack of chips on that bet at this point.

It does look there is a concerted effort to talk the market down....I think that the 5 minutes that we spent at 3650 last week wasn't enough to get true capitulation nor enough time for the big boys to enter into positions at low prices. Coming right before earnings, which I expect to be strong with the techs, tells me that this is a buying opp.

Of course, I could be seriously wrong.
JXM