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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Larry S. who wrote (40812)6/20/2002 9:11:00 AM
From: E.J. Neitz Jr  Read Replies (1) | Respond to of 53068
 
Today and tomorrow the market is winding up triple expirations...many times in past periods of market weakness, the Tuesday Wednesday and Thursdays have been the worst sell-off days as traders want to clean out positions prior to Friday. Also, end of the quarter and window dressing kicks in. Generally, for traders a good time to put on a few shorts and for long term investors, a good time to pick up stocks at decimated prices. This week the trend looks especially compressed and violent.
For me, a good day to head to the lake and beach. May check market a few times and put on maybe one or two new long positions...... Especially interested in R F Micro....RFMD and Goldman Sachs GS.