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Strategies & Market Trends : OEX Short term trading

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To: Sean McClellan who wrote (21)8/26/1997 4:04:00 PM
From: John M   of 29
 
I wish I would have sold at the last peak! I should have seen it, three days up with the 30yr T-bond dropping. I got greedy and hung on a day too long. Yes this is a crazy market. The economic environment is still basically good, but shake ups in the dollar and the bond are setting us back. Hopefully, just temporary. Technically, most of the indicies seem to be forming a double bottom. I'm holding off going long until we see those levels and/or the bond market starts showing some real strength.

John
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