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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 (4211)11/2/2001 7:30:50 AM
From: Jerry Olson  Read Replies (1) of 5893
 
update on 10-30-2001...the day before the GDP..

FROM THE 1110 SPX TOP LAST WEEK, WE HAVE FALLEN TO 1153, THATS 57 POINTS...

A BIG MOVE DOWN...I WOULD BE ULTRA CAUTIOUS HERE..BUT I AM GOING LONG FOR A SCALP..

I STILL HOLD CSCO HERE...AND BOUGHT JNPR TOO..

IF WE CLOSE OK, I MAY TAKE QLGC AS WELL...

JUST FOR A TRADE..WE HAVE THE GDP TOMAR WHICH SHOULD BE ANOTHER NEGATIVE..BUT I THINK IT'S PRICED IN HERE...WE'LL SEE...

HAVE A GOOD DAY..

JER
Jerry Olson
Master Class Trader
jerry.olson@verizon.net
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