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Strategies & Market Trends : Point and Figure Charting

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To: The Perfect Hedge who wrote (1415)	3/4/1998 10:27:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) of 34811

BB....how long you been playing techs????? arent you an oil man... let me tell you...instinet doesnt mean much.... the next day can be worse...can be better...can be bad at the beginning with overreaction and come back... One night OJ came out and said "GOOD GRIEF THE SEMIS JUST DIED" (cant remember why...I think it had something to do with INTC or AMAT) and the next day....was no big deal... that is not the case this time... Greenspan has been warning about Asia..and the market shrugged it off...he did it again today...the market will take notice now there was a trader on CNBC today saying he was going to start selling into strength...instead of buying on dips...uhhh I think he might be a little late... but anything could happen tommorrow as far as loading up on puts...be very careful.. not only can you have a bounce off of the gap down..BUT they will jack up the IV premiums on the options and then will strip it right off later.... I know you have had a tough month....so i am warning you to just step back and take a look and dont plunge in....

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