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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (36554)5/30/2000 6:56:00 PM
From: AllansAlias  Read Replies (1) | Respond to of 42523
 
I go out for a day and everyone switches teams. Good day, and it's got some legs left. Was last week a basing pattern that we'll build on?

I take nothing from the longs. Good day.

I do not thank you for the cheaper puts. The ones I have for June are worthless. Honestly, you have me wondering.

We will in two days be talking about where the momentum went.

This is tiring. --Allan



To: pater tenebrarum who wrote (36554)5/30/2000 10:20:00 PM
From: yard_man  Read Replies (1) | Respond to of 42523
 
shooot!! The whole day was incredible -- has the SOXX ever moved that far before in one day?

This conniption fit means we are near to serious economic consequence, IMO ...

Best to just stay in cash and watch it all self-destruct ...

It wasn't that long ago when a 2 - 3% swing in the indices was really something.



To: pater tenebrarum who wrote (36554)5/31/2000
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 42523
 
Nice call on the rally, Heinz!

Good grief! I go on vacation for ONE market day and look what happens. I was DAMN lucky that I went flat for the trip, no way would I have covered that QQQ on Friday otherwise. Sometimes its WAY better to be lucky than good (lesson learned in Vegas, again <NG>)

<<we had a CBOE total p/c ratio of 0,43 today, which is only 0,04 away from an all time low for a one-day reading.

the OEX p/c ratio of 0,599 (o.k., let's call it 0,60<g>) is the lowest one day reading i have ever seen...>>

Still, I like the sentiment and the low volume. I think we get another few hours to herd the stragglers into the trap, then it closes again. Will be looking to reload the OEX poots and the QQQ shorts (or poots, if the premiums aren't outrageous) late tomorrow or Wednesday.