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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (7017)11/14/2000 11:48:43 AM
From: Bucky Katt  Read Replies (1) of 13094
 
It's all timing and perception...people are hungry to trade any kind of bounce, I think it is time to be extra careful..
Her remarks came out on a day when things were positioned for a rally...
Nothing has changed, it is all still b/s, but tradeable b/s....world markets did well overnight too, so the bouncerooo was well flagged, especially how our indexes came back yesterday...but, I figure they will retrace at some point....no trader is going to leave profit on the table in these uncertain times.
Index flat at the moment, trying to make sense, but short on the indexes seems to have better odds..
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