To: ViperChick Secret Agent 006.9 who wrote (44695 ) 6/4/1998 2:47:00 AM From: Dwight E. Karlsen Read Replies (1) | Respond to of 58727
Lisa, you might be interested in this: I picked this up on another thread, one that has a lot of sharp traders on it, including the "legendary" Judy. I've watched Clint's mkt calls off and on. Mostly he demonstrates an uncanny knack for where the Naz (particularly tech) mkt is going very short term. He did go on vacation right b4 the latest Dell earnings, and left confident that the Naz was going to rally back up to potentially bust up through the old high. Note that I think he was hoping that Dell would report a few more › than they did, to base that on. I wondered then later if Clint was losing his sense of intuition. But to give him all due credit, he very quickly appraised the situation as soon as he got back from vacation (actually while still on the airplane), and he's been trading the Naz techs both long and short quite well since then. Clint specializes in the very near term direction of the "Naz", similar to the time frame of Don Sew (2-3 days). Clint doesn't usually bother post specific Naz targets, as what he does is trade the individual stocks. But he keeps a very keen eye on short-term sentiment and direction, because the Naz is volatile, with techs trading often as a group. Clint has gone short, then long, then short again all I think within the last week, about. And he's been hitting it right on. ------ To: Manish Jain (16322 ) From: Clint E. Wednesday, Jun 3 1998 3:51PM ET Reply # of 16328 >>>What do you see for FILE -Doesn't matter, Manish....No bottom finishing near NAZ's previous low of 1743, pls. Going to 1712 now. Much more downside left.....No Bottom fishing, anyone. Pls. DOW will break 8800 too. Clint -------Message 4708049 I should be noted that according to the Yahoo intraday chart of the DOW had already broke 8800 at the time of Clint's post. But 1712 on the Naz is down another 30 pts from here. I believe I'll leave my SPX short on, and hope the SPX doesn't diverge from the Naz. And I'll also hope Clint E. is right. Who knows. News over-rides things, and the market can be fickle. There are apparently a lot of people who, after the bell today ran INTC up to 68 in after-hours trading, because they took a comment from INTC spokesperson to mean that Intel won't warn. But the INTC spokesperson didn't say that at all, not anything really even close. And of course there is still a whole month left in the 2nd qtr. Cya, DK