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To: Roebear who wrote (66558)5/18/2000 5:39:00 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 95453
 
Ok, I'm selling all my techs tonight/tomorrow and raising more cash...

I hate timing the market and flip flopping, but I also just looked at the Naz 100 (QQQ) and CSCO.

CSCO, THE tech leader right now imho is still breaking down. Guess the leaders have to come down more. Looks like 50 and maybe 45 is a given if 55 breaks on a closing basis.

207.61.23.98

I may just hit 30% cash just yet. One thing about the energy sector is that there are ALWAYS pullbacks to buy into.

Now the hard part will be resisting putting my cash to work too soon.



To: Roebear who wrote (66558)5/18/2000 8:03:00 PM
From: BigBull  Read Replies (2) | Respond to of 95453
 
Roebear, OSX hell? Could be. Don't think so. Now is, however, a fabulous time to be a trader in the whole patch.

Looks like some of the E&P's are in the process of dipping here. Still in a great Bull MMarket though, imo with a long way to go. Time to use short term stochastics for buying and selling. IMO it is the PERFECT environment for trading off Sto's - PERFECT.