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Strategies & Market Trends : Steve's Channelling Thread

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To: Jerry Olson who wrote (24359)8/17/2001 11:45:48 AM
From: westpacific  Read Replies (1) of 30051
 
Jerry-playing out just as expected so far. Watch for them to paint it for Options X. Monday we have a BIG selloff, DO NOT GO LONG TODAY FOLKS. This Monday selloff will be the washout I have been calling for and will be nasty.

Cover on the washout Monday, but also take some profits today on shorts and hold 1/2 of your short portfolio. We are close to cylce lows and massive oversold now.

All the best

West
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