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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (36701)5/7/2001 11:35:15 PM
From: RR  Read Replies (1) of 65232
 
No trades for me today, Folks. Low volume, no conviction, market tentative. Resistance overhead on the Naz, CSCO news pending..... twiddle the fingers.

Patience I tell myself.

Seems the feeling is folks really want the Naz to take out the 2250 mark and go, but I'm not sure it will make it on this run. On the other hand, market may not give the CSCO news a blink of the eye and hold this range up to FOMC news, and then go up.

Patience I tell myself.

In any event, I'll wait to see what tomorrow brings. If we take a reasonable dip tomorrow, I may buy calls for a swing trade like I've done QQQ puts lately.

Patience I tell myself.

RR
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