Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: bobby beara who wrote (39905)	2/12/2000 9:12:00 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 99985

Dearest Bobby my trading cohort....i did in fact say "SELL ALL RALLIES"..and BB, thats what i just did.... in fact, on the systems thread during that very day of my post here, i said succintly to buy this dip, because we hit the bullish support line on the SPX..a perfect trade...around 1360ish..we of Piffdom KNEW we were going to bounce, and at the same time the VIX was at 30+++..perfect... i bought that dip BB, sold a bit early...and played the down side for a triple the last 2 days.. what i think your problem is, you need instant gratification, sorta prematurely...<g>... my comments didn't say do this in 1-2 days..heck it's only been 2 weeks or less?? no???...you even said OJ 's here, were gonna rally for sure...i laughed at that, because i was "in/on that rally".... so while you wanted me to be the "contrarian" indicator of old....when i posted here that day i was LONG...stocks and options off that bounce... and closed or got stopped out of most of my positions this past week and went short...i did try too short some stuff early but got taken out with a small lose...i managed those trades nicely..and just went with the expected flow.. what is so amazing about the P&F tendlines, is they are in a beautiful trading band for us bullS***ters... and all i'm trying to do is play between the painted lines...yellow painted lines<g>... i called a perfect bounce off the SPOO & SPX yesterday...and will wait for the volitility to wane during next week 'OPTIONS EXPIRATION" to see what my P&F stuff says... Now now BB, don't get too excited will ya???, and if you would have followed me around that day, you would have been able to trade with me...up..and now..down... ta ta....<g>...

To: bobby beara who wrote (39905)	2/12/2000 9:35:00 AM
From: Jerry Olson	Respond to of 99985

Bobby Baby fwiw.... Message 12726575 also i did get scared(i'm scared all the time)<g>..when our NYSEBP reversed down..it signaled exactly what's happening now...i did say cash is king, but went long selected stocks anyway..what the hell do I know..:>} but the NYSEPB went down from modest levels on the charts....meaning a crash senario is not in the cards.. btw,,Tom Dorsey mentioned the other day..that the Main P&F indicator NYSEBP could get to the lowest levels in years..meaning..us buy the dippers will dive in with everything we have, "if that happens"... because the ensuing rally will be a of a major maganitude... don't think we should miss that event..and i will post it here for you<g>..maybe LG too...