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Strategies & Market Trends : The Good-The Bad and The Ugly
MAGS 63.81+1.1%4:00 PM EST

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To: Oral Roberts who wrote (1692)9/5/2000 10:31:12 PM
From: smchan  Read Replies (1) of 8686
 
Jeff, that's cool... Tim has one "rule" on the train that we respect. If you ride on the train, you don't play "against" the picks. I play charts too, and I got a short signal today on SAPE on my hourly. However, I did not short simply because everyone else on the train is long. Not being stupid; there are lots of other opportunities out there, and I'm sure I will take the next long signal. I consider the short signal an opportunity to go long at a cheap price.

Tim's position plays are fairly broad and I'm sure longer term than your short play will be. Most consider today a "wiggle" and are still riding it out.

Sam
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