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

To: Jurgen who wrote (17905)	10/8/1998 12:01:00 AM
From: Clint E.	Respond to of 69787

>>>Being long is out of fashion, like smoking cigarettes. Well, I smoke and I AM LONG TECH STOCKS !! Gee! You are all out. Let's see if I can top that. I bot msft, csco, and yhoo and I have more gray hair now than I did last year. >>>Tomorrow is probably not as bright as I thought - Japan is down.. the Yahoo CC was a disaster - the CFO... Wait a minute. That is double jeopardy. They cannot punish our markets twice. Japan was up last night and NAZ got thrashed. We have already been punished once. What's our crime now? As far as what YHOO's CFO said, I wouldn't worry too much right now. Analysts should be busy upping their estimates tonight and that should help the stock if Europe doesn't blow up tomorrow. Later; Clint

To: Jurgen who wrote (17905)	10/8/1998 8:42:00 AM
From: Clint E.	Read Replies (1) \| Respond to of 69787

Jurgen; If you can take the volatility, think of your first buy into CSCO as your initial entry, and average down in the days ahead you have a good chance of coming ahead in the long run. I am sure when you picked ASND at 23 you didn't expect to have hit the absolute bottom. If they shoot the net stocks down today(which I think they will), that's another good indication that a bottom is in sight. My only concern is how any new weakness in the DOW would affect the NAZ market. Clint