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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: John NY who wrote (95824)5/3/2000 12:03:00 PM
From: Jerry Olson  Read Replies (2) | Respond to of 120523
 
JOhn

you would have to put up a real time candle chart here on the 5min time frame..and we could go thru the whole trade...



To: John NY who wrote (95824)5/3/2000 12:08:00 PM
From: Jeff Jordan  Read Replies (2) | Respond to of 120523
 
>>>OJ, Since I'm probably not the only one wondering; How did you determine that great entry point?<<<

Yeah how Jerry?

John, Cause OJ knows 1418 SPX is a support level....if we don't bounce here, the next support is 1368 and we would hit it very quickly IMO. But, any bounce to 1428 even 1440 would probably be on some short covering and daytraders like Jerry.

Also, OJ is the most bullish person I know in any situation.

Caution should be considered.....if Goldman or anyone decides to sell into any bounce your dead.<g>

I think?