LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (1184)	10/13/1998 1:03:00 PM
From: LastShadow	Read Replies (1) of 43080

Tomorrow Well, lets see, volume was light and a somewhat up day on Monday, and volume is still light and it fairly flat today. My guess is that tomorrow will be a killer volume day. Up or down is the question. I won't have a feel for that until I see what the overseas markets are doing tonight and take a hard look at how today ends. If the volume stays light and the mm's just jack the prices up, my guess will be for a crash and burn tomorrow. If the volume picks up, AND the indices and sector leaders go up, then it should be an up day. If it drops off on light volume my guess is for a down day tomorrow, and if it drops off on heavy volume it should be a down day as well. So that gives me three choices for a down day and one for an up day. Bummer, not looking good. Except of course for the positional shorts. Just do me a favor, if the exact opposite of any of the four scenarios occurs, don't repost it...I'll remember. :-^ lastshadow

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