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Strategies & Market Trends : Classic TA Workplace

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To: Jerry Olson who wrote (86637)	11/30/2003 6:22:46 PM
From: nspolar	Read Replies (2) of 209892

Jer, just to be honest I am still heavy heavy pm's. I am thinkin an IT HUI top soon. Message 19548078 I do have a very mild USPIX play on. I essentially nailed the recent USPIX bottom, should have probably covered once (ya ya), and expect to cover at an NDX local low within the next 10 days. I am also going to buy some C puts on the Monday open, if market acts according to my prediction. Only a mild position, no marriage. At present I am in no man's land for the next general market move. Hopefully the next few weeks will shed more light on the matter. It could be as you and others predict, consolidation is underway for another major blast. I'm not going to get caught heavy short, if that be the case. Neither will I be long, will instead play my pm's, which I feel more comfortable with. An interesting juncture here imo.

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