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Strategies & Market Trends : BEFRIEND THE TREND Short-term Options Trading Thread
QQQ 623.28+0.7%Nov 5 4:00 PM EST
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To: Dr. Stoxx who wrote (3752)6/27/2003 4:16:00 PM
From: Ken Adams  Read Replies (1) of 4058
 
I had no less than 6 stocks plus the OEX on my long watch list this morninig. Fortunately, I fought off the urge to commit on the early morning surge. Then, in about 15 minutes, all of the green started disappearing. I stayed out all day, although now I wish I'd been more aggressive on the short side. I still don't think we've seen the end of the damage those high numbers of stocks over their 200 day MA will bring.
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