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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (47971)2/24/2002 11:42:55 PM
From: RR  Read Replies (3) of 65232
 
Hope everyone had a great weekend! Whew, my ole body is tired. Burned the hillside all weekend long. Still have piles and piles and piles of leaves smoking up the countryside.

Think I've taken a whole bottle of Advil this weekend..... ugh.

Well, let's see what the ole market does this week. Last week I was down in Texas and then Colorado (missed ya by a few days, Scott) and wasn't really able to watch the screen much. I'll be able to watch it more this week until Thursday, then off to Wash D.C. This week ought to be something to see with the market and the concerns about the Naz.

Watch the Dow. How long can it hold? May be time to look at puts on the OEX and SPX. Will sit on my hands probably tomorrow.

Especially with the market uncertainties, it's worth saying again,and that is you must have a plan. You can't just go into the day and shoot from the hip. That will get you clobbered trading in this market.

Set your plan.
Think what you will do under different scenarios.
Stay with it and execute.
Be aggressive but have patience.

Have a great week all!

RR
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