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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: carepedeum2000 who wrote (41837)	11/20/2000 7:57:40 PM
From: byhiselo	Respond to of 57584

fair enough carpe, although buying on weakness and selling into the rallies (vs. shorting the rallies) is probably a higher reward/lower risk strategy imo personally, i'm not planning to short anything until i see how the market reacts to the 3535 resistance on the COMPX, i'm thinking the first repulsion from that level should probably be bought on the downside, we may yet touch COMPX 2665, NDX 2398, SPX 1181, OEX 640 but i'm starting to feel these levels will provide an extremely fast bounce and cheap entry may prove difficult, keeping some cash stashed nonetheless -g- p.s. can't shake the feeling that the Fed may surprise prematurely cheers