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tantal

09/17/02 2:07 PM

#26189 RE: Zeev Hed #26182

The equity Put/Call ratio is nearly 1 here, boding well for a bounce, however, 141 new lows on the nas is ugly. Tough to call a turn here.

Small is small!
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jdaasoc

09/17/02 2:12 PM

#26194 RE: Zeev Hed #26182

OAKT was a $3 stock in 99. It will ramp when next bubble occurs not any eariler.

FNM recent trading looks like JUL pattern. That's not a good sign eithe if it is duew to mortgage credit quality or mutual fund rdemption or both.

AGM got 50% haircut it didn't matter if FNM gets 50% haircut to low 40's it is a big problem.

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brightness

09/17/02 2:56 PM

#26224 RE: Zeev Hed #26182

I just had a little time to check the bigger charts. If you think 1322 is the top of the bounce, are you then forecasting a blood bath in the coming days, taking the market below the July low, perhaps all the way down to 1000?

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Rayman

09/17/02 3:12 PM

#26242 RE: Zeev Hed #26182

Just bought some OAKT at 2.8, PDII 4.6, and ATML at 1.37. OAKT has about 2.6 in cash. PDII shorterm oversold, ATML, I am assuming the money is going to be vaporized. What the hell. This market is sickening.