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

To: Canuck Dave who wrote (18602)	8/5/1999 12:02:00 AM
From: Maarten Z	Read Replies (1) \| Respond to of 56535

CD - thoughts on market tomorrow and Friday? It is my belief that however the morning plays out - we will see a rally into the close. Using the month preceding the last fed hike as a guide , the market would rally in advance of economic reports and continue if the news was positive. So it would make sense to try and establish positions tomorrow. Perhaps 50% in the the first hour and then the final 50% 1 1/2 - 2 hours before close. Of course in the event that the news is negative then all bets are off. But hopefully the entry price is below any gap down on Friday morning. I'll be looking at those nets that have performed the best over the last 2 weeks. Could be a late night. <g> Good Trading MZ