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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (28478)	4/14/2000 3:00:00 PM
From: The Phoenix	Read Replies (1) \| Respond to of 63513

I agree.. I'm going to start looking at some long term (perhaps leaps) options. It's really getting tasty. OG

To: John Pitera who wrote (28478)	4/14/2000 3:16:00 PM
From: Doppler	Read Replies (3) \| Respond to of 63513

John- not to be argumentative because you bring up great points. I would wait to buy anything here, because if the support doesn't hold, look out. Plot the NAZ on a quarterly chart going back to 1985. The REAL long term trend line is below 2000. Now do the retracements from the start of the Bull market. You'll find a potential correction to the 1500-1800 area. I'm not saying we will get there, but it also isn't out of the realm of possibility. Many stocks have only come back to other prices from less than 6 months ago, after 9 years of straight up. PnF says DON'T BUY THE DIPS. MAKE IT SHOW YOU STRENGTH. THIS IS A 2x4 people.. WAAACK... You may miss a big rebound, but personally I plan on following the plan.