Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (64404)	2/3/2001 2:18:19 AM
From: Shack	Read Replies (2) \| Respond to of 436258

Hi misheido, I don't know what you are expecting with the naz TICK but since June we haven't had a closing value much worse than -600. Intraday is a different matter. I also expect some good support at COMPQ in the low to mid 2600's. One thing I've learned recently though, if there is a selling frenzy, it is best to take advantage of it and unload shorts and/or puts. If I had done that with CLS on Wednesday, I would have made a ton before their earnings. I expect RIMM (which is very oversold on the intraday charts, down 25% in 4 days) to rebound on Monday or Tuesday. I'm hoping to get my puts back at a cheaper price. It is best not to play a "crash" scenario on Monday. This is a low probability event.