Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: lee kramer who wrote (100523)	6/5/2000 6:58:00 AM
From: Jerry Olson	Read Replies (1) of 120523

Lee this is the first time in 3 months that both the downtrend lines of all the indexs, and the major stocks i follow have been breached nicely and on good volume..those lines will act as support this week, on my expected pullback..and this pullback won't be much.. then we have MACRO cycle HIGHS coming in for the first time during the week of option exp..around the 16th thru the 22nd....in the past we've had macro cycle lows during those weeks.. there are no cycle lows this month.. sure we tread lightly...i am not daytrading as much now..in fact Lee from May 26th, when i went long hard, thru last Fri..i made more money than all my daytrading in the last month total...it was awesome... i bought several nice option trades and sold them Fri late....i am one happy camper and so are many of my friends who dipped their beaks with me<g>... i will play the short side thru Fri of this week...then go long late Fri Early Mon, setting up my long trades thru the 22nd time frame..then exit..and go short thru FOMC... that should set up the best summer rally we've seen in years...now lets see if i have this script right??? OJ

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