SI
SI
discoversearch

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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: oldirtybastard who wrote (26212)7/28/2000 5:41:41 PM
From: John T.  Read Replies (1) | Respond to of 42787
 
Hey, ODB, it sure was ugly today, but I think we still get a bounce. It may be very small.

My longer term (weeks to months) outlook is bearish. I am about 80% short via URPIX. I bought in two trades on July 13 and 14, with an average closing price on the SPX of 1502.

In the short term, I'm looking for a bounce. I don't think the SPX will bounce very high. In fact, I'd be very surprised if the SPX gets over 1470 or so before turning back down.