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Strategies & Market Trends : Classic TA Workplace

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To: Jack of All Trades who wrote (90933)2/5/2004 1:00:47 PM
From: Dr. Voodoo  Read Replies (1) of 209892
 
Do you know if we stay flat from where we are, would it go flat or stay as a sell?

I am leaning to being too oversold here and I'm closing out a good chunk of puts. If we drop off the edge of the cliff I'll reload, but I think we're putting in a short term bottom. Despite my perceived lack of a capitulation, volume was up yesterday.

Kind of like the last blow off didn't really send us to the moon, I don't think this sell off is going to scare many people either.

JMO.

V
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