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Rayman

11/04/02 12:17 PM

#41659 RE: Zeev Hed #41642

Sold the last half of CMVT at 8.88, enough for me. I don't know what's wrong with me, but I played JNPR and SEBL in the narrow channels again and gain, for some paltry 0.2 or 0.3 profit. Then I sold them right BEFORE the breakout. I think I am really not good with trading, never catches the big jump. Oh well.

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DlphcOracl

11/04/02 1:43 PM

#41727 RE: Zeev Hed #41642

A question for the board:

I am working on the assumption that this is another bear market rally rather than anything more sustainable. This week may well give us a "blow-off top" fueled by MSFT, the elections and the Fed interest rate cut. At what level would all of you consider shorting the Nasdaq index? 1450? 1500?
Does anyone think this rally can duplicate last year's 50% rally off the Sept. 2001 lows, with the Nasdaq crossing 1600?

Seems as if there is some serious money to be made here on the downside very shortly, particularly on the NDX 100.