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


To: SmoothSail who wrote (52164)9/13/2000 2:16:58 AM
From: Jorj X Mckie  Read Replies (2) | Respond to of 63513
 
charts are not looking that strong....the reason that expect up for the rest of the week is that this is triple witching and so far we have had a lot of downward movement...basically the unwinding of shorts and puts has happened. However, now the long side needs to unwind, that means that we need to go up....then next week...pullback from the rally. The only thing that is making me think bullishly is all of the bearishness. It is getting quite bleak out there....this could be a good thing.