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


To: Lazarus_Long who wrote (13882)2/4/1998 5:29:00 PM
From: Bonnie Bear  Respond to of 94695
 
uh-uh-- I shorted in november after the peak, was hoping for a retest of 72 before I short.it's not a good short unless we have both a selloff in tech sector and crisis in Asia, then it's much better than a spy short..I kinda wonder at this point if Intel and maybe AMAT will retest its peak before we go down again...
from the chart pattern of the indexes it kinda looks to me like the market leaders could stay in a trading range for a couple of months while the smallcap sector catches up, then we go down in April for tax-sale season....BWDIK?