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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: velociraptor_ who wrote (14534)4/3/2001 5:52:37 PM
From: DlphcOracl  Read Replies (2) | Respond to of 37746
 
raptor: The techs and NASDAQ have been beaten down so badly that many of the stocks on the Dow and S&P are now as overvalued, particularly the retailers and healthcare (HMO's, large pharmaceuticals, etc.). Perhaps, we should broaden our horizon for "shorts" and look for some of these bloated pigs. For example: CEFT, BBY, CHCS, TGT, APOL, ANF, PFE and WAG.



To: velociraptor_ who wrote (14534)4/3/2001 5:56:18 PM
From: marc chatman  Respond to of 37746
 
It should be interesting to see whether we get that bounce to re-enter puts.

I had hoped for a better close, although the Dow came back more than the Nasdaq.

My concern is that the open tomorrow could see a gap down due to margin calls, warnings and a bad night in foreign markets. That could really mess up the chart patterns for me.