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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Hank Stamper who wrote (13236)4/15/2000 5:53:00 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 15132
 
David: MSFT is a best tech. buy here. Put/call and VIX look nice. Definite fear here. But I am clueless as to a bottom, especially on the Naz. I think we are close in the S & P 500.

There is one indicator which has worked before in this melt situation. I think we will have hit bottom when we see a intraday hard turn in the net stocks. These are sentiment stocks and when the sentiment turns, they will show it. No sign yet.

I note the HHHs are testing their October lows. Critical times. Have lost nearly 50% in three weeks.