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

To: William H Huebl who wrote (47345)5/6/2000 12:28:00 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
Maybe even Monday morning... but, I agree that there may be some upside left... I also think that the higher these markets move over the next few days, the bigger the selling will be..... for the DOW, 10800 will find heavy resistance which the bulls will not be able to overcome... the April lows will be the next target... and then some.....

GZ



To: William H Huebl who wrote (47345)5/7/2000 8:58:00 PM
From: Hans  Read Replies (1) | Respond to of 94695
 
Thats what I was guessing. Monday may be up, but CSCO reports Tuesday. The market has been frowning on ridiculous PE's recently, and I predict disappointment. Perhaps the rest of the market will peter out Tuesday or Wednesday.

With a variety of long and short positions, MSFT calls, and an order in for CSCO puts, and large movement will have some benefits.

-hans


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