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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: T L Comiskey who wrote (31692)9/3/2000 3:45:39 PM
From: Jim Willie CB  Respond to of 35685
 
CNXT may require a little more cooking in 35-39 range
before jumping the gap
big pullbacks and melts just dont seem to be happening these days

with much lower volatilty seen, we may be entering new time period
the VIX measures S&P index option put premium
it is very low
tons of major tech stocks are costing dirt for time premium now
things are changing

talked to RRick this weekend
he expects to see daily and weekly midcourse corrections along a gradual upward tech path for the next several weeks
makes sense, reflected in VIX and option call premiums

later, Jim