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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Bernard Ng who wrote (8826)11/13/2000 11:51:35 AM
From: ChrisJP  Respond to of 11130
 
At the moment, we appear to be in free fall, Bernard.

The TICK went to -1050 and in a flash the NASDAQ dropped from -128 to -144. I guess we'll have to see if 2850 range holds or will be instead be looking for 2650.

This is just a hunch, but the last 5 trading days have been such a quick money maker for anyone going short, that by tomorrow, they will be thrilled with their profits and cover.

Of course, if we get another warning or something .....

Chris



To: Bernard Ng who wrote (8826)11/13/2000 1:30:33 PM
From: ChrisJP  Read Replies (1) | Respond to of 11130
 
Ok Bernard,

Crazy guy that I am, I bought some NEON, and 100 QQQs.

We will see if my good friends TICK and TRIN can be counted on.

Chris