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Strategies & Market Trends : Classic TA Workplace

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To: Lucretius who wrote (16680)10/16/2001 12:23:44 PM
From: Bull RidaH  Read Replies (3) of 209892
 
oh.... thought you were talking about golds. i've not taken the plunge back into heavy market shorts yet... thinking this bounce runs a good bit longer and a few percent higher. Could get a pull-back to 1040's on Spx near-term, but i expect that to be followed by one more rally leg, possibly as high as 1170's before final plunge to the ocean floor begins. o-t-m short dated puts look very tenuous here. You looking to reload on the golds?
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