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


To: yu who wrote (47776)6/6/2000 5:12:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 94695
 
I think that when we see a 50% retrace of last weeks run up, I'll probably unload my puts.

Don't want to risk it all by being greedy.

Hummm .. I think that this some kind of grub



To: yu who wrote (47776)6/6/2000 7:05:00 PM
From: Jack of All Trades  Respond to of 94695
 
dollar and the market must hit a low together to signify a major bottom...

this hasn't happened yet. foriegners are just now starting to leave the market. I agree with Gersh, we still have down side room...



To: yu who wrote (47776)6/6/2000 9:27:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
>>>>all my studies agree with sandeep, GZ, bb and many others that this seems like a correction in a new bull market<<<<<

yu, forget it, this might just be part of the same ole bare market -gg-

on the 15 minute charts, i think five wave up was completed at yesterdays high on most of the tech charts, and we rallied right into resistance areas, the head on the ndx, 800 on the oex and the picture on the dot looks like an ABC bear flag into the topping pattern and the 200 dma.

207.61.23.98

when you have a breakout like friday, i think you need better follow thru, we had this kind of follow thru on the october breakout and the breakout on the spx from the early march bottom, then yu have the $ factor gumming up the works.

b