Win Lose or Draw : Be A Steve, Make A Call Message Board

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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: Win-Lose-Draw who wrote (5048)	3/6/2003 10:20:36 AM
From: sun-tzu	Read Replies (3) of 11447

using the $SPX as my barometer, my first point of "worry" would be the october lows. support may provide a nidus for a brief rally ...if...short interest is high enough. after that, trendline support would be roughly the 725 level. i would consider exiting anywhere between 725-775. finally, the circumstances surrounding the start of the war are important to me as well. questions such as potential UN backing, fast vs slow end to conflict will impact on how i view the above levels. there is no doubt in my mind where this will end. how we get there is still up in the air. what do you think?

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