MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: Vitalsigns who wrote (75380)	4/18/2001 4:05:29 PM
From: CharlieChina	Read Replies (1) of 99985

Its ok... Vitasigns ... I always appreciate anyone who challenges my thinking or strategies. I take it in good spirits. I see a top on the NASDAQ of 2250 or around and the Dow I had a worse case 10250 when placing the naked calls. The NASDAQ is not my concern right now. The Dow is. The next 2-4 trading days will determine if I require to alter my plan else I hold pat and let the noise in the market ease. I'm still a firm believer from my angle that this was a market jerk reaction and major downside prices will continue. I will review all trading strategies onces option expiration concludes( Friday, April 20, 2001) and we have 2 days of a normal trading environment after that. Best wishes ... always feel free to post to me.

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