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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (6764)	4/2/2001 10:01:33 PM
From: robert b furman	Read Replies (2) \| Respond to of 8925

Hi Bobby, IBM still holding over 200 dma. I think we are about to break all major support lines.This reminds me of a good time to get long. This is an inventory correction,magnified by greedy management at end of year bonus time.Hell to pay now -but consumer still working and making more.This inventory correction will pass at well managed companies sooner than poorly run companies. Then leadership will breakout and psychology will change. 1998 bottomed at 1357-1415 on Oct 10,1998. That seems to be a good probable revisit on the NAZ. I'm looking for vix spike and put to call ratio>1.1 Bob