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

To: Logain Ablar who wrote (56922)10/18/2000 12:36:15 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 63513
 
Hi Tim,
Yeah, I'm bummed. VIX actually came down today...tick just didn't get low enough, even when the dow was down 400+ pts.

I can't tell if we crash into the elections or after. Certainly my scenario for the pre-election rally isn't really coming to fruition.

I am sticking with good optical plays. I'll buy on dips.

I'll also keep ENTU in my port, I feel vindicated on the fundamental side, if not the actual success of the trade. As a LTB&H, I think that it is a strong hold. My guess is that the shorts used the weakness yesterday and today to cover.



To: Logain Ablar who wrote (56922)10/18/2000 12:40:02 PM
From: AugustWest  Read Replies (1) | Respond to of 63513
 
My take, FWIW

It's not capitulation if the mind set it that "what I lost today, I will regain tomorrow(or in an hour as the case may be)."

I always thought capitulation would be not only where everyone sells "just to get out" but also no one wants to get back in.


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