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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jack of All Trades who wrote (1719)	5/24/2000 12:05:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 33421

I think we'll be range bound between today's highs and lows (already in place), and we'll close nearly unchanged... I think everyone is now waiting for tomorrow's numbers for direction... then, the squeeze will begin..... that's my two cents...<g> GZ

To: Jack of All Trades who wrote (1719)	5/24/2000 3:09:00 PM
From: John Pitera	Respond to of 33421

A great and Noble Man-- throwing Virgins into the Volcano. (I'll hunt around for one myself -g-) Volcano Jim By James J. Cramer 5/24/00 2:12 PM ET We just threw one of our favorite Nasdaq names into the volcano. We throw maidens in the volcano to please the Selling Gods when nothing else works. We only do it in extremes, when we are convinced our personal intransigence and unwillingness to sell are killing us. It is old tradition around here, reminiscent of when the Trading Goddess ruled the roost. When all else fails, you sacrifice a fave. You capitulate. She used to say that you have to create your own bottom. I won't share with you the name, but I can tell you that there has been a buy program since the moment this stock left our faithful hands and plunged into the fiery cone below. Incinerated. ------------------------------ OH yes and the US buck is bouncing back to life today esp. against the Yen and the euro.