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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Nemer who wrote (15762)	12/19/1997 11:37:00 AM
From: Judy	Read Replies (3) \| Respond to of 50167

Market outlook after this morning's trading action Things are indeed as ugly as they look. Tech bellweathers have all broken major supports, MSFT INTC DELL CPQ IBM CSCO ... you name it. Money is flowing out of the DOW safe haven stocks PFE TRV GE ... faster than I could get a quote, the trading volume the first hour says institutions were dumping. Oil drillers will test their 200-day mav bounce and proceed to violate support at the 200-day mav. On any relief rallies, the relative volumes on the uplegs vs the downlegs will tell the truth. Oh, only sucky AOL is holding up in this market ... the fundies are not ready to let this one go yet. So I closed my naked calls this am for taco money, watch it tank now. Could have shorted any stock this month and make $$$, but sweated bullets to make taco money. Sheesh.