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

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To: ajtj99 who wrote (29252)3/14/2003 9:26:01 AM
From: steve from ihub   of 30712
 
Yes i am (ggg) and drove my wife nuts this am. I think she went to work early as i was too enthused for 5 am. she isn't a morning person.

Futes were doing great until the war chit started up again. knocked em halfway down. encouraging to see europe hanging on to the bulk of their gains. Bush to talk at 10. As long as he doesn't kill the markets i still think we kiss 1360 today.

The only thing i have underestimated is the power of this move. i thought 822/825 stopped it yesterday. we closed at 832. today i was hoping to sell calls at 836. i wake up and futes are at 842. Where it stops nobody knows. some will guess though (ggg).
steve
i have been flattened by ramps like this in the past. when it continues to beat your best expectations, it is not wise to stand in front.
at soem point its gonna make one hell of afew week short. just not yet imo.
steve
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