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Strategies & Market Trends : WELCOME TO THE CATHOUSE

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To: ACAN who wrote (787)9/27/2000 11:16:17 AM
From: ivan solotaroff   of 1065
 
OMKT

Yup, though the volume was low, and it was at best one tick off the low. I wouldn't have played it, but it popped for double-figures this a.m. Well done.
Interesting formation of the signal:
siliconinvestor.com
Monday's low tied the previous post-gap low, which had not been a signal day proper, but was nonetheless the bottom from which a large gain was achieved. Not sure what that means, though it would have probably scared me off further: When there's that much profit leaving the table, it pricks my cat ears to the notion that there's still some exhaustion left to be played out.
But as you can see, I would've been wrong this a.m., though OMKT is now back to where it closed yesterday, and we may see a more convincing signal anon.
As per cat list: Anytime's fine. I'll be away for Oct. 8-20, but I would certainly feel secure with you doing the trading in the meantime. Looking forward to your cat list.

Ivan
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