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


To: mishedlo who wrote (7689)11/11/2000 2:17:03 PM
From: Bosco  Respond to of 30051
 
Hi mishedlo - this is extraordinary time, so don't be hard on yourself. Some people have natural instinct; some people have the discipline. I ve neither, but I am still trying --- to my *missed fortune* :)!

At least the mkt said Fri reaction was about DELL, not the election. Evidently, the donkey has baited the elephant to fire the 1st salvo! Just caught a glimpse of Jr on teevee, thanks goodness, at least he didn't follow Sr tendency to use untimely metaphor [remember the silkworm incident :)!] But I ve digressed.

I'd rather see the mkt to open down on Monday. At least that is considered a follow thru of a bad Friday close. An intraday reversal can nullify the bad candle on Fri and may even stop the cascading effect. A bounced open will inevitably invite a mass exodus.

best, Bosco