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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (6841)10/12/2000 11:31:41 AM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Jim, what if some of the other Arab nations come to the aid of the Palestinians? This could happen, quickly. Or it may not, depends on what others have been promised, but we are at the abyss, crunch time. Something has to give, and I expect the worst.
Quite possibly we could also get a cut-off of oil from lets say Iraq. They are the swing producer right now. news.bbc.co.uk

Anyway, my short index strategy is still working.
I am happy to see BBY get hit today, one of my direct put option shorts. As I said, the whole retail sector is toast.
Might be time to take a good long look at INVN, which has been walked down pretty hard the past week. I think you get my drift on it....