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


To: JRI who wrote (15554)4/10/2001 10:54:51 AM
From: KevinThompson  Read Replies (2) | Respond to of 37746
 
Has some market fundamental changed the last couple days, or are participants just tired of continuously negative news and therefore protesting the declines by buying stocks?

I haven't witnessed any good reason yet to be a buy and holder, especially for techs that sport PE's of 80 to 800, or have no earnings at all. I guess the herd is just in a buying moooo-d...<gg>

Can't help but think reality is gonna bite once again, and soon.

Best Regards,
KT



To: JRI who wrote (15554)4/10/2001 11:18:36 AM
From: Sharck  Read Replies (5) | Respond to of 37746
 
Just stuck my head in for a minute. Cashing in some SPWX Apr 7.5 calls I had for a triple and shorting CIEN and JNPR with tight hard stops. Expect more down side on HUMC too. Back end of day.