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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (4237)1/25/2005 12:51:29 PM
From: DOUG H  Read Replies (2) of 8752
 
Hey reid, I'm sitting here trying to figure out what to do. On one hand, near term, 4Q looks oversold and may rebound up to fill that gap at $38.

139.142.147.218

OTOH, it still looks like we have some work to do on the downside.
139.142.147.218

What I think I'll do is rather than try to time everything perfect and go long now till 38, wait till we rebound to 38, then short for the ride down......

PS, why $35? $35 (mid-Oct)does appear to be place from which the last upswing took place...
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