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

To: Augustus Gloop who wrote (35791)	5/25/2000 2:07:00 PM
From: The Phoenix	Read Replies (1) \| Respond to of 63513

A little selling here... is this time to unwind short positions or more of the same crud from earlier in the week? we're on low's of the day OG

To: Augustus Gloop who wrote (35791)	5/25/2000 2:07:00 PM
From: Augustus Gloop	Read Replies (3) \| Respond to of 63513

<<<<<<<<<<<<<<<<<<<GLOOPDICATOR >>>>>>>>>>>>>>>>>>>>>>> In this market I sell the rally in the AM - Before 10:00 eastern because that's when all the rookies are buying up the stock (in most cases). At 10:00 eastern the Pro's move in. Look for lows around 12:30 - 1:25 eastern to re-enter- closer to 1:25. Then watch the 2:00 - 2:30 Eastern moves If good Hold if not...get out 2:30 - 3:17 the MM's try to fleece the small guy....if huge dips are taking place clear the table but if they are going down and holding stay the course. Watch the volume! Use the Gloopdicator for exits The Gloopdicator is accurate about 70+% of the time if the market has volume! GLOOPDICATOR EXPLAINED - Watch the indexes between 3:17 and 3:23 eastern. If they move higher in that period they will likely have a higher close and in many cases a power close. Volume is the key.