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Pastimes : Trading the markets..... -- Ignore unavailable to you. Want to Upgrade?


To: y2kate who wrote (103)10/6/2000 4:22:27 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 4583
 
Hi Kate,

Yeah, I kinda like my new place here, I think it's furnished just right...<g>

Those are lots of questions... I don't know if I liked the close yet or not... I have to look at the chart in the cool of the evening, and I'm short... clearly, supports have broken and what we probably saw in the last 30 minutes is simple short covering... I don't think this is fresh buying... I haven't been nimble enough either... I had to switch to the short side this morning when the markets first began to break... I think it just requires the willingness to be wrong about the current position and take the other side quickly..... however, in such a volatile market environment, this is very difficult to do..... we may see a rally on Monday, but I think the real low will be put in some time later next week.....

GZ