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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Electric who wrote (17399)11/5/1998 12:47:00 AM
From: Gersh Avery  Respond to of 42787
 
Hi Electric

And the cash on the side is just waiting for a dip to buy.

The short is looking for a pullback to cover.

The guy in the factory is saying "boy was I being stupid when I sold out."

The VIX is dropping. More and more folks are shorting puts which puts in areas of support.

Now the question is "where will all that cash on the side land?"

Yep .. 3PM looked pretty bad, except that there was a boatload of cash from the bond markets that had just started looking for a new home. "Oh look .. a dip!"

Gersh