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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (6433)7/6/2001 3:20:32 PM
From: marginmike  Read Replies (2) of 209892
 
AA My trading has really improved, I am more disciplined and am just taking pieces of the middle. I have a few indicators I watch, and use. Qcom right here looks like a buy if it fills that gap at 57.50 with a tight stop at 56. I think Monday morning will be a washout gap down then summer retrace till expiry. VIX is up to 24-25 if it gets closer to 27-28 will be time to scalp a long. I hear YAHOO will give market a reason to rally. So I believe Monday they report.

PS I am making an abvsolute KILLING today. I will hold my puts through the weakend though so I could give it all back.
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