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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (25139)4/10/1999 10:07:00 AM
From: Mao II  Read Replies (1) | Respond to of 50167
 
Mr. Jerry: What will be broader impact, if any, of CPQ debacle? What klutzes! M2



To: Jerry Olson who wrote (25139)4/10/1999 11:02:00 AM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
OJ:

I'm also getting positive McClellan Summation Index readings:
decisionpoint.com

But I'm continuing to get negative New Lows readings:
decisionpoint.com

This translates into a market that is moving up on fewer and fewer stocks with large capitalizations... It's a stock picker's and Index buyer's market...

I've got the bulk of my money in International and Emerging Market funds... They are exhibiting excellent Relative Strength when compared to the U.S. markets... The British Central Bank and European Central Bank rate cuts this past week provide an equities friendly environment... If I've shifted money to the internationals I've got to believe that others are also doing this... This shift along with warnings by Compaq computer may set the stage for more money to find a safer haven...

Jim



To: Jerry Olson who wrote (25139)4/10/1999 2:44:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
<<ALL IN ALL, THINGS LOOK GOOD, WITH A LOT OF SKEPTICISIM
OUT THERE///>>
If you really look at it, I share with you this comment, although CPQ will be hit so does a lot of computers and box makers and may be NDX comes little under pressure, however if you look at theearnings going forward the indications are good. Other thing is I wanted to sell some
NDX puts and calls a kind of 'strangle' for April, I checked the puts and calls 100-120 points out, in puts the premium was double indicating bias of the market to go down. So for me 90 out of 100 times this results within few days of these excessive premiums being primed a move which dries up the prem.

On RUT and BKX if you go back to my last few weeks post, i have highlighted 403-405 area as area which will help intersect 20 days above 50 days giving a long term buy signal, I am waitng for that although I am well positioned but the fact remain seeing in life what one predicts on individual sectors or indices is gratifying, it just gives that additional confidence and makes me to think that we here are a 'a meter faster'.

On 'Googly' , you guys play baseball, we here are in cricket, a leg break bowler tries to bambozzle a bats man with a ball which full length and is very difficult to read. You enjoyed it, I was delighted. A thread has to be a little fun too.



To: Jerry Olson who wrote (25139)4/10/1999 7:45:00 PM
From: XOsDaWAY2GO  Read Replies (1) | Respond to of 50167
 
OJ, What are these symbols???

DJM9---BREAKOUT--10,100 IS NOW SUPPORT
(I know DJ, but the other part?)

NDM9--2275 WOULD BE A NEW BUY SIGNAL--ON THE NDX 2260

RLM9--NEW BUY SIGNAL...THIS IS NICE BECAUSE THE SMALL CAPS
ARE MOVING NOW, BREADTH IS EXPANDING HERE...THE RUT GAVE A
DOUBLE TOP BUY SIGNAL TOO...BULLISH

SPM9--ROCKIN'

USM9---BALLISTIC...AT RESISITANCE RIGHT HERE...IF IT BREAKS THRU
GOOD BYE CITY...IT RIGHT AT IT'S DOWNTREND LINE...

Barbara