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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Mighty Mizzou who wrote (6000)	2/3/1999 2:16:00 PM
From: Mark Duper	Read Replies (2) \| Respond to of 21876

Does anyone know what this was about? Thanks, Sup. <bold> Heading the Bears Off at the Pass By James J. Cramer 2/3/99 11:44 AM ET Can the pattern be broken? Can the bears allow the market to lift? Or must they try to smack it down one more time? Short of a Fed rate hike, the bears must be feeling mighty punk. Other than IBM (IBM:NYSE), trashed by its own bad quarter, and Lucent (LU:NYSE), trashed by Cisco (CSCO:Nasdaq) on the call last night, they don't have much to hang their bear hats on. But that's never stopped them from pressing their bets. You might think I am overdoing this tug of war; you would be Wrong! Until you have traded these instruments, such as the MSH puts and calls, you don't know what it's like. It's like putting a 300-horsepower engine in a Kia. It just doesn't handle that well. It can go zero to 60 in about three seconds, and then to 120 in another two. That means it can't brake in time to avoid that Garden State speed trap. It means wrecks happen. I would love to see the bears make one more negative pass, maybe even try to raid Cisco and Microsoft (MSFT:Nasdaq) or some other 3Com (COMS:Nasdaq)-like raid that would really get the bulls shaking. Then we could roar. Otherwise, still listening to the Time Warner (TWX:NYSE) call and sitting on my hands. Well, not really sitting, more like typing.