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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (32759)8/3/2000 9:10:14 AM
From: LTK007  Read Replies (2) | Respond to of 56535
 
well,not today CD,NASD futures right now minus 92,seimiconductors and capacitors likely to be annihilated today--and i now am breathing easy that i have those 30puts as a defensive position on my 1k shares of AVX(bought at 29plus).
Cisco is 58.50 at 9a.m. Motorola has shaken the industry by cutting back on orders---a major signal a top may be in---Bill Fleckenstein's long time view,at this moment is panning out.
Watch the ^VIX very closely,if it pops above 25 in the morning hours,we could go to minus 200 today on the NASD.
i personally would avoid any dip buying,if VIX touches 25.
SOX.X may have a prolonged fall,so am thinking to go puts
on the most vulnerable and overstretched semis---MU,maybe??
paxmax



To: Canuck Dave who wrote (32759)8/3/2000 4:29:10 PM
From: fiberman  Read Replies (1) | Respond to of 56535
 
CD,

YOUDAMANNNNNN!!!

Wouldn't that be scary, if George W. used that in his speech tonight? ;-)



To: Canuck Dave who wrote (32759)8/3/2000 5:53:41 PM
From: LTK007  Respond to of 56535
 
Cool poster:) congrats--but i will re-iterate i don't agree:)max p.s. let me expand mini -bears and mini bulls,we are having(and will continue to have),the big bear will be the end play--i don't say when,as i don't know.max



To: Canuck Dave who wrote (32759)8/4/2000 2:04:56 PM
From: Boplicity  Respond to of 56535
 
Hi, I think the DOW and big board has to be taken out ala naz like before the bear can be over with, so I'm in agreement with you. My reasoning is the need for money to find a better place to go, then the big guys.

Greg