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Technology Stocks : C-CUBE - For Technical and Option Investors -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (74)12/19/1997 8:00:00 PM
From: HOSEMAN  Read Replies (1) | Respond to of 128
 
terry

my gut wants to believe that we are in a bull market. My technicals tell me that we have been damaged (technically) and any move will be within a range until the technicals are repaired. then we could see a move forward. to me this appears to be a time repaired market rather than move based repaired market. I believe we've seen a sea shiftr change due to a change in the fundamentals. Before all dips were bought because the underlying economy was strong and nothing had changed. This time, the economy and the threats on the horizons have changed.

i'd be selling calls short on any rally and will be looking to short CUBE's 22 1/2. If the move is strong then the 25's.

For a key to the length of any move, I'd watch the money flow into the mutual funds. If it ebbs, we will be going down.

HOSEMAN