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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: David Lawrence who wrote (8637)11/5/1997 4:10:00 PM
From: Scrapps  Respond to of 22053
 
That's why I'm so happy for you! :o) <eom>



To: David Lawrence who wrote (8637)11/5/1997 4:19:00 PM
From: Jeffery E. Forrest  Read Replies (2) | Respond to of 22053
 
We got ourselves one ugly DOW chart today.
Actually it's a beauty if you're looking for the downturn that we are.

Made a BIG FAT Shooting Star right after a Hanging Man. I bot a few PUTS when the tick was around +1000 and reversed.

I have a feeling it will bleed slowly back down to 7100-7200 instead of ripped out in a couple big 2-300pt. chunks.

Holidays are coming up and I bet we get a boring, slowly downtrending market until Thanksgiving. After that I'm long, PERIOD!<G>

I raised my lower end target from 7000-7100 to 7100-7200. LOTS of money on the sidelines waiting to get in this market. I think that itchy trigger fingers might prevent us from selling off much lower than that.

Of course if somebody drops a bomb, either literally or figuratively, and all this goes out the window.