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


To: James F. Hopkins who wrote (19185)5/26/1998 11:57:00 PM
From: paulmcg0  Read Replies (1) | Respond to of 94695
 
Hey Jim -- remember when we had some discussion here about what could go wrong with the technology behind the markets? Did you see this news story: cnnfn.com . It's about the computers at the CBOE going down today.



To: James F. Hopkins who wrote (19185)5/27/1998 1:16:00 AM
From: Greg Jung  Read Replies (1) | Respond to of 94695
 
Jim, don't you want to say,

reckon this time it might be a bear trap..

I think we are in early phase of a correction, yes
maybe a little hour-long bounce for you day-traders but the downside hasn't played out, and anything halfway will be like nothing at all.
Bring down the chips, rest on the bottom, wait for Bill to
get that bearish feeling then we can go up from there.

Greg