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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (3487)2/24/1999 8:44:00 PM
From: marc ultra  Read Replies (1) | Respond to of 15132
 
Justa re: <<<<<We have bumped up to that 128-129 SPY level a few times only to pull back. Maybe we have begun a steeper second leg down.>>>>>>>>

Let's see I think 112 on the SPYders was buying opportunity area. That's about a 10% hit from here. We may have to go through a lot of pain to get to some potential pleasure. Guess we better keep some cash around

Marc



To: Justa Werkenstiff who wrote (3487)2/25/1999 4:22:00 PM
From: Justa Werkenstiff  Respond to of 15132
 
Well, there was some air taken out of the market and the semi equipment stocks. Big mo looking for the exit all day in those puppies. Banking my XLK and KLIC shorts. Absolutely incredible volatility in this market. Starting to like XLK (tecnology index spyders) as a trading vehicle and it has potential as a nice technology investment without all the worry and taxable gains nonsense.


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