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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (17692)8/31/1998 1:49:00 PM
From: mattie  Read Replies (1) | Respond to of 70211
 
I agree with you Clint. I put in a low ball offer for some MSFT calls (April 100's) - although I did not get a fill yet.

We may not be out of the woods yet, but this is the time to start buying if you can.



To: Clint E. who wrote (17692)8/31/1998 2:40:00 PM
From: Johnny Canuck  Read Replies (2) | Respond to of 70211
 
Hi Clint,

Welcome back,

The press has done a good job of convincing the masses that 7400
is a possible downside target for the DOW; I don't think we will see
any strong buying till that level. The article in Barron's on the weekend with some analyst saying he was looking for 5000 on the DOW didn't help. I would imagine a lot of people are getting margin calls about now too.

I don't see much follow through on the rally attempts today.
I am standing on the sidelines for now.



To: Clint E. who wrote (17692)8/31/1998 2:57:00 PM
From: Jurgen  Read Replies (1) | Respond to of 70211
 
Hi Clint, i hope you had a good vacation. No buying here - i am and have been shorting breaking down stocks like CLCX, WAT, CGO, STK.
CSCO, MSFT, DELL - look like juicy shorts to me, i think people start dumping the highfliers. Joe Sixpack might panik when he sees DELL down 13 bucks.
But your calls have been right in the money most of the time - let's see

Good luck
Jurgen