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


To: Alan C. Zezula who wrote (1047)4/14/2000 1:05:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 4564
 
Al, The only way I am going to get to 90% cash is when the market drives down my equity values another 50% -- which may take a whole week more <GG>.
Beyond the candy store, Al the question seems to be where the support level is. I think a very good case can be made that the "real" bottom (first Major support level) for the Naz is in the 2900 area. Consequently, I continue to "wallow in cash" <g>
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To be honest, I took some very small positions today, just in case I have been too pessimistic. Seems to me, it has been difficult to be "too" pessimistic, though, don't you think?
Now, give me an "Al bounce", so I can make a few profits on today's ventures :-)
As for your original question: I think "Everybody" is poised at the window on the 14th floor <GG>
tso