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Strategies & Market Trends : Groundhog Day
QQQ 608.86+0.1%Nov 14 4:00 PM EST

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To: Jorj X Mckie who wrote (2560)4/29/2002 2:57:02 PM
From: John Pitera  Read Replies (3) of 6346
 
So we were right on friday afternoon in our IM.

never bottom on Friday's... or hardly ever. the plan for monday was to short more on a up opening and maybe look to cover shorts 90 minutes into the day on a big down opening with some elements of capitulation...

such as real negative TICK readings of -1200 or lower, really high TRIN readings like + 3.50 or higher... DJIA down 300 points etc.
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