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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (3733)3/22/2001 10:05:47 AM
From: zcole  Respond to of 52237
 
***"I guess all the irrational exuberant nuts are not gone yet. Unbelievable!!!!!!! "***

That says it all. ;-)

Zane



To: Lee Lichterman III who wrote (3733)3/22/2001 10:52:37 AM
From: Lee Lichterman III  Read Replies (2) | Respond to of 52237
 
By L3_Aka_L3 on Thursday, March 22, 2001 - 10:50 am: Edit

Closed all shorts, puts etc. I would feel better if the Semis would drop hard too but with a 1300 minus TICK, VIX over 40 and my DOW target met, this is feeling like a bit of capitulation to me.

I may be early as I said before especially with tax selling ahead for the next 2 weeks, Japan selling our stuff to prop up thier books etc but since this will be over in two weeks and the markets try to look ahead, I suspect some short covering by the big boys may come in soon also.

Anyway, in light of my recent stupid moves, I am going mostly flat. No more shorts for me here. ( Unless AMAT, MU etc want to give and telegraph it first -ggg-)

Good Luck,

Lee