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To: Kelvin Taylor who wrote (31238)5/13/2001 9:55:15 AM
From: Ron McKinnon  Read Replies (2) | Respond to of 53068
 
from a pure technical perspective it sure looks like a 5-8% correction is in order

there are quite a few stocks I'd like to start new legs in just above the next chart support prices
but a little bird is pecking at my gut telling me to wait

I would think the the outcome of the FMOC on Tue could have a big impact
what will the reaction be to the options?:

.50 cut

.25 cut

no change

????????



To: Kelvin Taylor who wrote (31238)5/14/2001 10:32:19 AM
From: E.J. Neitz Jr  Read Replies (1) | Respond to of 53068
 
Kelvin, sold csco this am...Larry's article spooked me!! maybe it pays not to watch this stuff--anyway think you may be right and get better chance lower---ha now on CNBC guy likes CSCO!! XOXO--out; will re-enter. Maybe best not to watch me now---summer's comming and I hope to be mostly out of stocks and just enjoy the earlier profit and hit the beach!!! Few weeks ago was thinking of Canne, but now looks like Atlantic City!!! ggg--than again if things look better all bets are off--I'll be at the computer