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Strategies & Market Trends : WELCOME TO THE CATHOUSE

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To: bdog who wrote (246)9/22/1999 11:39:00 AM
From: ivan solotaroff  Read Replies (2) of 1065
 
BwithyouDog,

ZONA's actually doing the best of my three cats (Hey, a new TV show, starring Fred McMurray as the CatMeister). Your post made me understand my dream of last night, though: I was trying to body-surf in the ocean, but there was literally zero tide, something I couldn't understand because out on the horizon I could see a tidal wave forming. Not to quote my vain self, but I once likened playing cats in late September to fishing for anchovies in front of a tidal wave (i.e., just prior to what's beginning to seem like the inevitable October deluge). I'm guessing the tideless waters were my apprehension in the face of ZONA's bizarrely low volume. Doing OK today, though, after an early-session thumb-nosing from the market-makers, who took it down to 1/4 to see how many apples would fall from the tree. None. That they were thwarted is a good sign. That this stock, at such low volumes, is totally in the hands of the MMs makes me molto-wary, as I like to at least have the fantasy of being in control.
PETM's the one that's testing my sphericals right now. It hit a new low today, which takes us into official Rule-Breaking Territory: Terra Incognita, basically akin to doing a tight-rope walk over the mouth of a seething volcano. Thankfully, volume is slim, or maybe we'd like to see climactic selling off? I don't know.
AAM, which I'm also in, was a dyed-in-the wool cat, but as Doug said, ugly as hell. It was really just a shot in the sub-$1 dark that looked like it was going to emerge into single figures yesterday. Apparently, Floyd is negatively impacting AAM's business or some such milarkey (sp?).
Don't you hate fundamental crapola?

Ivan
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