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Strategies & Market Trends : The Thread II -- Ignore unavailable to you. Want to Upgrade?


To: SirRealist who wrote (897)6/8/2001 12:25:51 PM
From: hjz  Respond to of 9026
 
Sir, We talked about this yesterday that it would take some really bad news to change market sentiment and today we received some from JNPR and now analysts are talking down INTC's conference call. So, it is time to take some profits off the table, there will always be time to get back in the stocks.
It is tough to go into puts and shorts now because they took it down so fast but when we stabilize here and don't have any bounce up then it might be a week or two downturn.

Remember the FOMC is meeting again at the end of the month so the shorts won't hold through that meeting. Good Luck.

HJ