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To: JLS who wrote (45304)1/11/2001 4:08:08 PM
From: carepedeum2000  Respond to of 57584
 
lot of reasons to be carefull here, getting close to top of downtrend line, 3 day weekend coming up, profit taking will hit us, ppi could go either way, market is pricing in 1/2 point rate cut at fed meeting, a 1/4 point cut will probably cause selloff, valuations are still high on stocks like jnpr, decided to short that near close at 132 1/2 for insurance, and friday is usually reversal day from rest of week so tomorrow should see some selling, if this market can follow through with an up day tomorrow into a long weekend, that would be very impressive, advance/decline looks pretty good, volume growing, wall of worry to climb
but now hewlett packard just warned, i think we get our "2 steps backward" tomorrow
the world can change by tomorrow though



To: JLS who wrote (45304)1/11/2001 4:10:17 PM
From: American Spirit  Read Replies (1) | Respond to of 57584
 
Sold half my stocks at the end of the day. Hoping for a profit-taking sell-off and will buy into that. Wish I had bought more the other day though. Softechie, where are you? Naz 2000 my ass. Try 3000. ERICY buy make 20% in one day. If only they were all so easy.