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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (5888)10/5/2000 7:39:15 PM
From: Jdaasoc  Respond to of 30051
 
Zeev:
I think the market will decide which way it plans to go over the next 2 weeks by the 9:30 open tomorrow. Between 8:30 and 9:30 the die will be cast and there is nothing anyone one of us can do about it but to be on the right side of the move.

I am currently short but will close promptly if the employment data single handedly by some strange reason can offset the other bad news and economic data that have buffeted us lately. Cash is not going to come into this market to any great degree unless the futures market points the way strongly IMO.

john



To: Zeev Hed who wrote (5888)10/5/2000 9:25:59 PM
From: Paul A  Respond to of 30051
 
ahhh theres the RDRT comment I was looking for :)

I am basically sitting in all cash.. but couldnt resist jumping back into RDRT.. Not sure what this market is going to do but I should be able to sit with a respectable stop lose in place and keep my fingers crossed..

Was todays move in RDRT based on anything fundamental? or was this strictly a TA move based on someting we dont or do know already?

I need a vacation folks.. :(


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