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Pastimes : Trading the markets..... -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (846)11/17/2000 5:49:15 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 4583
 
I agree, there are also earnings problems... but, some groups are performing well... international and emerging growth groups are actually doing well over the past two to three weeks... you just have to be very selective and careful when buying any of those groups out there.....

I still get the feeling that these markets do want to move higher, and I suspect they actually will move higher once a winner/loser is picked... every election year since 1948 these markets have done very well, except for three times, and each of those exceptional three times the markets rallied later and gained about 25% from where the rally began... I think being poised in the right groups today is the way to big profits tomorrow.....BWDIK

Later...

GZ



To: Magnatizer who wrote (846)11/22/2000 1:05:48 PM
From: Magnatizer  Read Replies (2) | Respond to of 4583
 
Started a long qqq position just now. NDX within ear shot of 2612 magnet support level. Prolly will see it and I will be loading more on at that point. Currently in 1/4 of desired position. Should have a bottom in by Friday close.

Covered 1/2 of MO puts and letting rest ride... I believe it will reward me with move to low 30s at a minimum.

ht
Mag