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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (8513)10/11/2000 12:14:35 AM
From: pressboxjr  Read Replies (1) | Respond to of 11130
 
Wayne, just my opinion, but really.....how much more can the Nas go down without some sort of "relief" rally?

All this talk about going to zero that I've been reading on several message boards is just the sort of pessimism I have been looking for.

Either tomorrow or Thursday we get the "big" selloff we have been looking and waiting for and then we can start a short term rally.

Oh, by the way, MSFT reports earnings next Monday.

Interesting times indeed.

JR



To: Wayne Rumball who wrote (8513)10/11/2000 6:44:49 AM
From: ChrisJP  Read Replies (1) | Respond to of 11130
 
Today could see a really nice trashing and reflex bounce. So you guys could have some real white-knuckle fun today.

Unless the selloff is really outrageous, I think I'll wait for Wall Street to interpret MSFTs earnings report before I decide how far is down.

Chris