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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (13816)	2/4/1998 2:04:00 PM
From: Mike da bear	Read Replies (3) \| Respond to of 18056

This must be it!! I bought calls on IBM today. April 105's!! You will be forgiven for this transgression. I'm starting to wonder how high this blow-off is going to go. But as soon as I cover my shorts I know the market will drop... sick of being whipsawed. I'd say I'd cover in a dip but there's so much money ready to jump in and buy on any dip of more than .01% that the dips only last for about 12 seconds, never get a chance to bail. Is everybody covering their shorts now? Any clues as to when (if ever) we'll get another down day? MDB

To: Cynic 2005 who wrote (13816)	2/4/1998 2:59:00 PM
From: MythMan	Read Replies (2) \| Respond to of 18056

The top must be in, you've capitulated <g>

To: Cynic 2005 who wrote (13816)	2/4/1998 4:19:00 PM
From: Cynic 2005	Read Replies (2) \| Respond to of 18056

Right on! I killed IBM's chances. Down more than 1 1/4 point since I bought calls. If only I can kill the market. -g- -Mohan