P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: Win-Lose-Draw who wrote (25902)	1/23/2003 11:40:34 PM
From: Jeffrey S. Lillie	of 30712

and you are worried that because down is so obivous that we must therefor go up. well a rally can always come out of anywhere just like a selloff when we least expect it. i go back to dec 26th as a perfect example. we had been falling then drifting sideways to down for almost a month. we get what seemed like a breakout on spx to903/4 then whammo out of nowhere it drops 35 points in the next two days. i will take my chances on the short side with a decent entry in next few days. lots of things say i may not even get to my targets so this time i will not be super cute looking for perfect one. My IRA goes in on any green close in NDX tomorrow. i will be selling last of calls and moving to puts. i will be more selective with these funds as can enter/exit anytime during trading day unlike funds. j

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