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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: jim_p who wrote (15230)7/18/2002 6:47:48 PM
From: Warpfactor  Read Replies (1) | Respond to of 23153
 
Hi Jim,

Probably a good move to cut down, you will likely get a chance to get in lower tomorrow or maybe monday.

I've sort of been waiting for another shoe to drop and considered deploying this afternoon. Maybe a selloff tomorrow am will be the ticket (crap and gap)?? Either that or more bleed tomorrow followed by the Black Monday scenario to signal the bottom.
Keep in mind the VIX is still hovering at 40 - unfortunately it is this fact which kept me in RFMD yesterday and VTSS today. How long do you think it (the VIX) could hang around these levels??

TRIN finished at 1.92 - pretty high but would like higher to signal a trigger event.

QLGC is looking good which seems to be dragging up BRCD - beat earnings, revenues and guided higher. This was the area I was looking at this afternoon, but decided I am already pretty fat in the storage area.