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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (36486)1/3/2000 4:37:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
Well, what hurts most is I had these on my watch list as I thought they might spike up from a technical view and posted as such a few times both on my site and here when I was warning someone not to short AOL but I NEVER thought they would spike up on a day where the DOW was down 150+, the dollar as represented by the DXY was down 2 points and the Bonds just collapsed to the highest yield in 2 1/2 year pushing 6.56%.

I was kicking myself for not buying my QQQ puts and waiting for my target first and now am counting my blessings for not doing so since the QQQ ended up 6 points. MAybe we should just close and lock the doors of all the "real" companies in the country then let the ones that were up today try to feed, cloth and provide shelter for everyone. UFB!!!

Good Luck,

Lee



To: re3 who wrote (36486)1/3/2000 6:57:00 PM
From: NucTrader  Read Replies (2) | Respond to of 99985
 
Ike, would you hold DO and BJS after today's action, or sell with a look to reentry at a better price in the next several months? Thank goodness my BBY more than offset them!


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