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Strategies & Market Trends : OEX Short term trading

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To: Rick Pereira who wrote (27)9/1/1997 1:25:00 PM
From: John M   of 29
 
To All:

The consensus seems to be to wait. I'd have to agree. Volume was extemely low last week so there's got to be a lot of cash on the side lines ready to buy. Barring any real bad news, I think the up is going to hit quickly. However, given recent history, it might be best to wait for the crowd. Won't catch the absolute bottom, but then again, I don't want to be buying on the way down either.

John
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