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Strategies & Market Trends : Harmonic Trading with The Phoenix

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To: Jack of All Trades who wrote (829)6/27/2003 4:30:27 PM
From: skinowski  Read Replies (1) of 941
 
Hangin' out with my wife and some good friends - rain or shine, that's gonna be cool... -g. We'll be in Bar Harbor, by the sea - if it's too hot, the water in the ocean out there is cold 12 motnhs a year... and there are always simple ways of keeping drinks at the proper temperature... gg.

Went long QQQ's at under $30, since I agree with Oniscka that there is likely to be another swing up in the indices from around this level. Of course, there is also a possibility that today's high is the end of an a-b-c correction, and that the decline may resume, but at this point I have a tight stop with a good risk-reward, so what the heck... Taking good odds with good risk / rewards is what this game is all about... or at least should be.

Good luck!
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