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Strategies & Market Trends : Classic TA Workplace

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To: bcrafty who wrote (78545)	8/6/2003 3:18:59 PM
From: Jerry Olson	Read Replies (3) of 209892

bcrafty thats because www.dorseywright.com is the quintesential P&F site in the world.. and their fearless leader Tom Dorsey is/was my mentor<G> The BP OPTI is all the stocks that are OPTIONABLE in the universe of both the OTC and NYSE..when it turns down it's usually a precursor to the main coaches to reverse soon as well.. a very negative event for sure...this index is on a severe high pole and is going to reverse down at 74% just 1% away...i would exit all longs at the point and at the very elast go to cash...if you do not like to short.. btw cash is a real positon... I EDITED THIS...

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