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Strategies & Market Trends : Strictly: Drilling II

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To: Roebear who wrote (226)8/20/2001 9:59:57 AM
From: isopatch  Read Replies (1) of 36161
 
Roebear. Looks like that scalp was all there was to get

out of CRZO. Thank God I bailed in the very lo 6s Friday!

quotes.freerealtime.com

Whew! A little too close for comfort.

Have to admit I've been wrong, so far anyway, on the follow through I was convinced (last Thursday) would develop into an Intermediate rally in the gassers and the rest of the patch well into Sept.

Now looking like another test of very lo 3s in NG before she tries for what at best now looks like a good ST short covering pop.

And IMO, IF we get it, folks? It's sm positions only. FOR NIMBLE ST traders only. And "nimble" means riding close herd on the critter and using tight stops like the ones that took me out Friday.

Better disappointed with a small net gain than trapped and trying just to break even.

Isopatch
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