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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bull RidaH who wrote (35054)12/9/1998 6:30:00 AM
From: Arik T.G.  Read Replies (1) | Respond to of 94695
 
David,

It seems the market shared your thoughts re SPX 1192 and sold off sharply. Weather we do see higher numbers or not, that was a GREAT call.

IMO the internuts will see new highs soon (AMZN 260 area) and that could be it. The big techs (MSFT, INTC, CSCO) may have two-three more up days, and AMZN and YHOO maybe 3-4 days, and then the market would have to find a new leading group or fall. After all, how long can you defy gravity.

Bot a few AMZN Dec. 210 and 220 calls yesterday am. I can't believe it myself.
Bobby Beara- This could be the sign you've been waiting for- Me going long that crazy stock- to be sure the sky is falling.

ATG



To: Bull RidaH who wrote (35054)12/9/1998 9:04:00 AM
From: SE  Respond to of 94695
 
David,

If we break the 1195 barrier, what does that do to your count? I personally see lower prices to come rather soon, but heck, WDIK!

Stocks.....I generally avoid them! Trying to learn the SPOOs....

-Scott