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To: Gary Wisdom who wrote (48175)6/6/1998 1:36:00 AM
From: Gil Gilbertson  Respond to of 61433
 
We are approaching an altitude where the air thins out, there are
a lot of losers waiting to break even from last year. No one ever
went broke taking a profit or at least selling some in the money calls
as a hedge.... Gil



To: Gary Wisdom who wrote (48175)6/6/1998 9:41:00 PM
From: username  Read Replies (4) | Respond to of 61433
 
LOL! You might be right, and I could be wrong! I am looking for more downside before August 1 and then I think the DOW will go to 10,000 before November 1. I think CSCO will get whacked 3rd or 4th quarter too.



To: Gary Wisdom who wrote (48175)6/15/1998 7:47:00 PM
From: username  Read Replies (2) | Respond to of 61433
 
<ggggg>!!!

I look for another 150+ down move on the Dow tomorrow. I believe the COMP is right at the bottom, but the DOW and S&P could easily drag it down temporarily. This correction should be over within 10 trading days.