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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 (47994)	7/6/2000 1:04:03 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 94695

Congrats on your puts, nice trade as I see you are already up a point and I know from past experience the premium on those is very low so you must have made a bundle. Well we got the dip and so far a bounce, now we have to decide if you can have your rally or if we just continue to congest. I had a hard night last night so I didn't get to analyze teh market much. I had the morning bounce but from there is all depends on SPX 1470, NASDAQ 3900 resistance areas as to where we go next. The weakness in GE is not comforting though as well as the lack of leadership from the big techs like CSCO, SUNW, EMC etc. The only good I see so far is the TRIN moving lower showing some of teh institutional selling starting to lighten up. Good Luck, Lee