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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Triffin who wrote (16058)	6/15/1999 12:36:00 PM
From: LTK007	Read Replies (1) \| Respond to of 56535

Triffin said <<I know what you mean .. think you want to 'invest' on the short side and 'trade' from the long side .. if that makes sense ..>> Makes total sense to me,Jim. Your nice play for a bounce on QWST and DCLKI think is good example of trading from long--I myself am listening closely to the short-siders,in terms of how to "invest" on the short side. Thus far today I think this INET rally smacks of "head-fake"--but I am once again getting tempted to invest long in the energy sector,but the numerous "head-fakes" in the past have made me cautious. I liked what John Bollinger said the other day,and said the time for expressing opinion about the future of the Market bull/bear is not any good any more as we have come to the nitty-gritty--it is time he says to make a decisive decision,and he has decided he is going base his decision on one indicator--the price of West Texas crude---if it settles above 19,he is bear,period.But if it settles below 16,he is Bull period---the key for me is to understand why he said that:)Max