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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (47538)	5/22/2000 2:05:00 PM
From: robert b furman	Read Replies (1) \| Respond to of 94695

That Rally you called this morning I could have held my breath on! <g> I agree, this is low volume grind it out dpressing stuff.I lightened up some this morning.The rest is holding (kvhi)or crumbled so fast on light volume there wasn't liquidity( Cohu). That's why over the last years I've admired spoo traders so much - they really have the superior trading vehicle.I have trouble with the leverage and think I'll stick my toe in the water by not having margin. It's something to play on a positional basis only for me as I have too many other daily interuptions(here at the dealership).I'm aware GZ makes it look so easy but nimble trading continues to be a long term developement for me ,if at all. Stinky thought 1380 was a support level to watch and that appears to be the case now. With capitulation not yet in the market - it makes me think 1375 is a good place to go short the QQQ(I only have a stock account - no futures capability). John Pitera's Gann/time grid looked like 1338ish to me .I'm thinking a vix spike in the 60's and a fast drop thru a past support level could be the makings of a good quick short. But I'm definately a babe in this category. Sort of feel like the first time I was on a high dive.Dont'know if I should dive - darn sure won't climb down the ladder but I might go feet first(read watch and wait it out). As always value your read. Bob