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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bilow who wrote (11454)12/12/1997 11:39:00 PM
From: Brad Bolen  Respond to of 94695
 
Carl,

I saw an analyst size up the MSFT ruling vs. NSCP:

He said that as far as the browser war and NSCP was concerned, that it was clear that MSFT will win the marketing war and that for NSCP the ruling was 'polishing the doorknob on the Titanic'.

Thought you would like that since you Put ole NSCP.

B.

P.S. with head of IMF saying the 'worst is over' in Korea and that Japan is a 'rescuer and will not need to be rescued', I see an excuse for a rally on Monday. If it doesn't, its Put city for me.

B.



To: Bilow who wrote (11454)12/13/1997 6:33:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Hi Carl,

I agree about the breakdown of the coil. This was the very reason I put a stop in, I rarely ever use stops. The stop took me out and prevented a wash. You're right, the broader picture gave me the impression that the coil could fail and a rapid rally would ensue. That was my bet. That didn't happen. It was a calculated risk, and it cost a few bucks. That's cool. We may be looking at a test of 7400.

BTW, I would imagine that Schwab probably learned their lesson from the last time. Do you think? Hmmmm.

Have a great weekend.

GZ