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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (27087)4/10/2000 7:16:00 PM
From: Jorj X Mckie  Respond to of 63513
 
I agree that it ain't time to become too bullish on the naz (unless you trade very short term and then the quick trigger finger comes in handy).

I think that we will need to see 10% on the BPOTC before this is over. Every other time that the BPOTC has gone below 34%, it has gone down to between 10% and 16% (twice to 10 and once to 16). I think that we can get there and still not violate the lows of last week. Time will tell, but I wouldn't consider a 3-box reversal on the BPOTC to be a true reversal, it could just be the best time to get short...