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To: Percival 917 who wrote (52187)12/29/2000 10:18:03 AM
From: marginmike  Read Replies (1) | Respond to of 436258
 
Its stupid Money, it will flow to the big named, no earning, mufo favs. CMB/AMX etc. The Bkx will probably make a new high in early Jan but I view it as the gratest short opp since the BTK hit 800.



To: Percival 917 who wrote (52187)12/29/2000 10:27:23 AM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
The financials have been soooo strong ED that it befuddles inquiring minds. They actually look as if they want more up, and at much higher levels that are begging to be shorted/pooted.

(The little giving so far is/was nothing but consolidation at this point, save for CSCO perhaps. You know, this last rally was not at all to CSCO's liking. Just taken out on profit stop on short contract 1 of 2. At this point I do not think that we just blast off from here, so I'll be looking to add it back if we can bounce to the point where we cracked. The worst that can happen is a short gets whipped and we know what a rare event that is. -g)