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

To: The Phoenix who wrote (57234)10/20/2000 2:40:18 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 63513
 
Jorj is going with the lawnmower thread consensus that we rally in the morning on Monday and then pull back for a couple of days. We have come up pretty hard, pretty fast...we might need a little profit taking...150-200pts would be good.

VIX is at 26. The BSL for the VIX is at 25. I would expect it to bounce a little bit there. And again, the VIX works inverse to the market.



To: The Phoenix who wrote (57234)10/20/2000 2:53:13 PM
From: Techplayer  Respond to of 63513
 
Phoenix, I had gone heavily into margin this morning on MRVC at 39.5 and SCMR at 78. I sold them at 42.25 and 86. I am holding some, but not many now. I am off to Aruba next week, so I hope that everyone here makes a ton and that the market is at the same level when I get back. I would hate to miss a rally <g>. good luck, tp


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