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To: Skeeter Bug who wrote (23196)10/29/1997 12:28:00 AM
From: MR. PANAMA (I am a PLAYER)  Read Replies (1) | Respond to of 53903
 
SB ..do not slander my good name..i do that myself..got an hour of sleep...feel refreshed...i must have a bionic body....had fun fighting the bear today...the moment he touched my hair and messed up my few grey ones from their prominent place i fought back like hell and slew the bear....You can steal a GRIM's girl but don't touch my perm...



To: Skeeter Bug who wrote (23196)10/29/1997 12:40:00 AM
From: Peter Shaw  Respond to of 53903
 
SB,
As with MU, LSI looks like crap on the chart. As with MU, LSI just bounced off of significant support levels. Going forward, which would I want to own? LSI, which I am watching closely, but currently have no position...
My comments on the Dow were for closing prices. Another 100 points would bump up against 7600 which will now be major resistence for the chartists. Based on intraday moves, we have already achieved 50% retracement, but fibonnacci would look for 2/3 retracement of the move. Any way you slice the technical retracement, we are in a high risk area, and markets always retest major directional moves...
Keep them puts handy, and take your profits when things are at their scariest!!!

Cheers,

Peter Shaw