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To: Joe S Pack who wrote (19716)9/1/1998 12:19:00 AM
From: Raiders  Respond to of 50167
 
I think the eventual sell off has happened and now the market will retrace its steps and make a move higher. I personally think we will be heading to 8100 within this week. There is too much gloom and doom
an d when that happens buyers will come in. Market will be up atleast
200 points and depending on what happens in Russia we may eventually move to 8100.
Raiders



To: Joe S Pack who wrote (19716)9/1/1998 9:04:00 AM
From: Jerry Olson  Respond to of 50167
 
Hiya Karun how are you???

I think we probably need to sell into this first rally...it should be a knee jerk technical rally without support IMO...

we must wait for earnings...so sit tight don't plunge, of course you could short term position trade 1-5 days only and never hold over night...not now...

the Big Caps will rally and fall the most in a tug of war...but, there is money to be made, only it's Big Time Gambling with perilous pit falls out there....This I like,,,,,:>}



To: Joe S Pack who wrote (19716)9/1/1998 9:34:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Karun Nice to hear from you,it was good to hear about your positions, Motley fools were also highlighting long puts, anyway please stay in touch and let us know about your play. I have to run now the market has opened I will keep in touch in the interim.. Hope we have a better day..