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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: wanmore who wrote (47208)4/30/2000 3:57:00 PM
From: Lazarus_Long  Read Replies (2) | Respond to of 94695
 
<< We fall tomorrow....hard. I am about 50% cash now >>

As I had occasion to comment to GZ last weekend, you may be right, but right now (1:00 PM PST), GLOBEX disagrees with you:

S&P 500 JUN00 1486.00 +1870
E-MINI JUN00 1460.50 -725
SEP00 1488.25P -675
NSDQ100 JUN00 3775.00 +9000
E-NASDAQ JUN00 3802.00 +12500

OTOH, longer term I can't disagree with you. Interest rates, unless there is a miracle, are going up. The party line right now is that the techs are immune to this. This inevitably will be proven wrong. Maybe (but probably not) their financing sources are; but their customers are not.

More BS being sold to the gullible by Wall Street so they can unload.