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To: Bill Harmond who wrote (18743)9/28/1998 12:41:00 PM
From: Herring  Respond to of 164687
 
I think a downer this afternoon is almost inevitable. IF it stays or slowly moves lower, the daytraders will dump it, and then the bottom will fall out of this "thing".

BTW: I bought some Oct 90 puts. Very risky but I bet we are going to get more bad news as earnings estimates come in and after the greenspam hysteria is over the bears will be plentyful.

IMVHO

Herring



To: Bill Harmond who wrote (18743)9/28/1998 1:39:00 PM
From: Rob S.  Read Replies (2) | Respond to of 164687
 
Since buying now seems increasingly dangerous, selling now and sitting back for an eventual pull-back makes sense. It has been a good time to buy tulip bulbs up 'til now.


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