Trade/Invest with Options Jerry a Point & Figure Chartist Message Board

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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist

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To: Jerry Olson who wrote (2853)	7/20/2001 7:49:12 AM
From: Jerry Olson	Read Replies (2) of 5893

ATTENTION...Please... my computer is in deep doo doo.. i am having it fixed over the weekend...i hope... if i do not get it back for Sunday nights newsletter i'll do it Mon... I BEIEVE WE WILL TEST 1170 SPX BY EARLY NEXT WEEK...WATCH THE BREAKDOWN OF ABOUT 1196 SPX FIRST... ON THE NQ'S 1620 IS DOABLE TOO..,FOR THE DOUBLE BOTTOM TEST...IF THAT HAMMER GETS TAKEN OUT..STAY HEAVILY SHORT... YOU SHOULD ALL BE NET SHORT ANYWAY HERE...WE ARE STILL SHORTING "ALL RALLIES"..DESPITE THE WALL STREET WIZARDS TRYING TO UPGRADE STOCKS...IGNORE THOSE ASSHOLE LIARS... ALSO INGNORE THE SI GURU'S THAT HAVE BEEN WRONG SINCE MAR 2000, AND ARE STILL WRONG...I PITY THEIR FLOCK... WE ARE "NOT" INVESTING HERE...SIT ON YOUR HANDS IF YOU CANNOT SHORT STOCKS..TRY BUYING PUTS...OR GO TAKE A VACATION... WATCH THE 490 BREAK OF THE BTK..BIO'S ARE VERY WEAK HERE..CONTINUE TO SHORT THEM AT WILL..NOTHING HAS CHANGED... SEMIS ARE WEAK TOO, WATCH ANY BREAKDOWN OF 540 THE DOUBLE BOTTOM TEST... THE VIX...27 IS THE 3 BOX REVERSAL UP AT THE BRL LINE...I LOVE THE VIX<G>...LISTEN UP....29 IS A TRIPLE TOP BREAKOUT AND A MAJOR BREAK THRU OF THE BRL...IT WOULD SIGNAL A HARD SELLOFF WITH AN UPSIDE TARGET OF 33... THEN WE RALLY....BIG..MAYBE A SURPRISE RATE CUT LATER THIS MONTH??? ALWAYS USE STOPS...EITHER SIDE OF YOUR TRADES INCASE WE GET SURPRISED... THIS IS OPTIONS EXPIRATION FRIDAY...WONDERFUL TO STEP ASIDE AND RELAX...DO NOT LOSE MONEY TRYING TO GUESS TODAYS MOVES..THEY WILL BE WHIPPY... I AM HEADING TO DA BEACH WITH THE WIFE...WONDERFUL WEATHER HERE IN THE EAST...AND I LOVE THE BEACH... BE COOL..YA HEAR??? WARM REGARDS JERRY

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