CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: robert b furman who wrote (4389)	12/17/2005 2:02:11 PM
From: skinowski	Read Replies (1) of 41432

Good point about BPNDX. It's not extremely "overbought", that's true. But it is interesting that in 2005 it was never able to match the high levels of the previous years. Either there is a blowoff still due, or something is missing in the momentum. I am short DIA and Q's from higher levels on Friday... from pretty close to the top. Thinking - maybe, if the market rallies on Monday, I'll simply let it take me out, and will step aside for a while. May try something short term long, but the sentiment is rather toppy. Will keep the leap puts.

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