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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: galactic1 who wrote (7224)	10/2/2000 2:37:14 PM
From: Louis V. Lambrecht	Respond to of 100058

galactic - not bearish yet, it is just that it is a long time waiting for the first earnings surprises. Earnings season usually starts with YHOO (Oct 10). We do not have one only good reason to see the market improve. Many concerns push it down. No capitulation yet, plain H&S: optimistic trget 3400, other possible target 2800ish (another possible shoulder) and the down channel, target 2400. Bearish, me? Preparing to buy shares in place of options: some shares will quote lower than premiums on their options by soon. ROFL. Who gave you that idea?