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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (67967)	8/15/2002 5:56:11 PM
From: Jack Hartmann	Respond to of 208838

no "biggies" begged off of the SEC certification I was thinking we get a pop on the hoopla and a selloff today. That was wrong so I listened to the BRCD CC. Very positive yet analysts kept beating the IT spending is unclear theme. After hearing so many dim CC, that was first nice one in a while and some money went into it. I went long some large caps since retail investors have yanked another 4.2B last week out of funds. They always are the last to see any move. With the 10 year note at decade lows the amount of people to profit on the long side seems very low despite an average put/call number. NYSE had good buy volume yesterday so that was encourage to nibble long too. Tight stops if wrong of course :D I remember TraderX saying find the worst investors and go opposite of them. He might have been right. Hehe. So many talking heads saying go into bonds, go short on the rise, and wait for a retest, but someone is buying. :P Jack