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Strategies & Market Trends : Classic TA Workplace

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From: Shack	5/17/2006 1:51:34 PM
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Morning all. Sorry been so absent..I just didn't want to face the fact that the March 10 lows had been taken out and I actually lost a bet!-vbg For those that have been concerned, things are fine with me if not a little busy with other stuff on both the work and personal side. I have taken off all my calls now, a couple of big winners and many many losers. All in all a disappointing April-May. The market is spooking me out for longs, the Naz weekly breakout has completely reversed now and I now see some decent short opps due to breakdowns. So much for the 3 up? I even have a couple of put positions if you can believe it including MRVL on the recent H&S breakdown (anyone else catch that?). I have a small countertrend play on ENER as well which looks to be heading back to the 30's in a C down at least. Hope all is well around here. Will do my best to keep in touch.

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