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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (53191)9/21/2000 6:27:49 PM
From: HG  Read Replies (1) | Respond to of 63513
 
Here's my reason

If there is a bloodbath tomorrow, then IMO people may just adopt a wait and watch approach on Monday....so there may be very little buying on Monday....



To: Jorj X Mckie who wrote (53191)9/21/2000 7:29:54 PM
From: Techplayer  Read Replies (1) | Respond to of 63513
 
Jorj, I agree with your thinking. let's hope that we are right.....I have to say that with the way the telecom sector has been hit, I wish that I was an options player instead of being in stocks. I purchased a few CSCO after hours today. Everything that I own looks like it will be hit in the AM, I may as well add to my future losses. <g>

Since many telecom equipment issues already looked like they were at good levels, I do not know where I will look for bargains over the next few days. AMAT was at 67 or so after hours...I would guess that JNPR, CSCO, SCMR, CIEN, AMCC et al will take a drubbing and bounce right back within a few days. What is your opinion?

Tp