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To: Copeland who wrote (18355)2/5/1999 3:31:00 PM
From: John Pitera  Respond to of 86076
 
Premium on the SPH keeps going lower and lower in last hour keeps
banging on +2.50 where the sell Progs. would appear. Lower tops on
Premium 5 minute chart in last hour too...



To: Copeland who wrote (18355)2/5/1999 4:18:00 PM
From: Cents  Respond to of 86076
 
Well folks, I just found out that my neighbor who lost his job at the end of last year has been trading full-time at home instead of looking for a new job(I wonder why )....in addition to the many people that I've noticed asking to see the Valueline Survey at the library, indicates to me that this market is still too bullish. And to think that I almost tossed in my kids' prepaid college tuition for some easy gains for at least a couple of months before the tuition's due. I'm gonna wait and see how all of this unfolds. This market just cannot be played with emergency monies which I think many small traders are doing right now. All that is needed is a sideways move for a few weeks to bring this market lower.

Cents



To: Copeland who wrote (18355)2/5/1999 8:42:00 PM
From: pressboxjr  Read Replies (1) | Respond to of 86076
 
Wait until the market close orders come in -- about 15 minutes from now. They'll set the tone for Monday.

Well, the Dow and Nas both closed fairly strong (both coming off their lows), so what does that mean for Monday?

C'mon guys, 2 really bad days in a row for Nasdaq usually means a fairly strong rebound, IMO.

I would suspect that you guys can start shorting again on Wednesday.

JR