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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HammerHead who wrote (29669)9/13/2000 12:03:05 PM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Robert,

>>>> look like another failed rally ... <<<<

Over the last few days I feel like a PING-PONG BALL. I think its too early to call.

My mutual fund portfolio explains it best how I feel about the market. As of TUE was evenly hedged between shorts and long (USPIX/UOPIX) and 80% cash. As of yesterday Im still hedged but now with a downside bias and still 80% cash. Yesterday I increased the bias to the downside of the small amount I have in the market since I got a negated signal and even if it does rally I still expect further downside down the road. If it does rally, I have alot of cash ready to short as long as my parameters are met(NDX not to exceed 39500-4000).

So right now Im mainly in cash which implies that I SIMPLY DONT KNOW. My option trading account is completely in cash.

So for the very short-term(today), heck if I know so I will be rolling more dumplings now. gggggggg