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


To: Shack who wrote (86069)3/27/2001 10:44:00 AM
From: Perspective  Read Replies (1) | Respond to of 436258
 
SOX off like a rocket. LOL! See, all the bad news is out. <s>

a-b-c corrective wave complete in SOX, new highs for the move should follow presently. This should permit Naz to retake 2K.

I'm hedged against a run to Naz 2300. I didn't know what could precipitate it, but the lack of response to further bad SOX news, plus the unexpected increase in consumer confidence, could do the trick.

Not enough of a Clown to go long, but I will remain hedged until we approach 2300, or SOX/Naz break to new lows.

BC