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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (38876)4/9/1998 7:32:00 PM
From: Patrick Slevin  Read Replies (1) of 58727
 
In all fairness to Dave kerPlunk, it's a bear to read Elliott.

Anyway, we all need a lesson with respect to reality. Whether or not the market is expected to crash or soar it has to be traded with some respect. Whether or not Dave proves out to be correct is going to be an unusual event. Not something one can make money on as a result of major moves on an ongoing basis.

Actually, the high risk move today was to go into the weekend short. I'm short. I'm with all of you, who also are short. I'm just not quite certain it was the smartest thing I've ever done. By Monday's close/Tuesday morning, personally I'm not joining the "Crash" crowd.

I wish you all luck.
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