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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (9634)	5/3/2001 12:07:28 AM
From: John Pitera	Read Replies (1) \| Respond to of 15481

So what do YOU think??? that JXN needs a little sister -g-..... now get off that keyboard and put in Quality time with Mrs. JXM -vbg- but just in case you are talking about the market, we have triple resistance on the DJIA at 10800, SPX at 1275-80, and NASD 2230-2250 and certainly at 2300, and the market is extended. Normally we would not move north of these levels without a pullback, and Friday's Jobs number is coming soon. but if we can rock above these levels we'll see a torrent of buying and so a strong day moving higher beyond these points calls for a more bullish posture. I've been playing the long side the last month, not really taking home any overnight shorts except on Thurs-Friday april 19th-29th..... but am pruning back longs and really like this idea of shorting the SWINE...... I'lll have to post Asensio's short call on the vrsn tomorrow...... I think he's on to something and the mkt cap of 12 billion is high.