To: Bob Biersack who wrote (5310 ) 1/9/2001 12:47:41 PM From: Jerry Olson Read Replies (1) | Respond to of 8925 LOL hey hope to talk to you later or tomr Bob.. we prodded everyone to close all longs early into the lunch time doldrums..and stay SHORT ADBE...as it rallied as expected back up..46 3/4 will be a continuation sell signal..everything is pulling back thru the doldrums.. we are watching...2296 the 20 EMA ON THE 15 NQ'S FOR SOME SUPPORT... best to you all...i'm at lunch, replying to e-mails<G>TASTYKAKE'S RULE $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ Good Morning everyone... well we got a brief late rally yesterday, enough to pull me in for a quick gap up play... NOK missed some hand sales and is getting murdered at the moment<G>...watch collateral damage to TQNT?-ATML-CNXT-SAWS..PER BRIEFING...QCOM??? HMMMM.. The semis still are looking good here for us to buy and trade...i think it would be very prudent to just daytrade scalp right now..thru cycle lows on Fri, be in cash over the weekend, and wait to see how earnings hit the markets...volitility is amazing to trade long and short... warnings should be over by the end of next week...we have NOT changed any thinking here at the moment....we should get a nice late month rally into the FED... anyway..stick to our game plan..use STOPS at all costs...do not look back on a profitable trade??? it was profitable right?..sell too soon..forget the money missed...it's the MONEY LOST that you need to address...cut losses fast..do not hope and hold for a rebound.. STOPS STOPS STOPS..FOCUS -FOCUS-FOCUS...be determined not to loss money, but the MAKE it every damn day...either way, short or long....does not matter.. if you need a proxie for shorting use the QQQ's no up tick rule, and get used to doing it everyday...ok nuff said....POUND POUND POUND..it's my job<VBG> TODAYS WATCH LIST....LOOK FOR SOME DCB(DEAD CAT BOUNCE IN THE BIO TECHS)... 1...AMCC--MAKING HIGHER LOWS RIGHT NOW HEADING INTO EARNINGS...66 1/2 THE BUY TRIGGER..60 3/4 SS...TARGET MAYBE 74/75...P&F HAS IT IN A BULL TRIANGLE FORMING RIGHT HERE....MARKET WILLING COULD RUN FOR 1-2 DAYS.. 2...EMLX---HELD THE RECENT BOTTOM AT 63, HAS A SOLID RISING SET OF HIGHER LOWS...RALLIED HARD YESTERDAY UP TO 74...75 3/4 IS THE BUY TRIGGER...71 THE SELL SHORT(SS) 3..ADBE---HEY IT'S STILL CASCADING LOWER AND LOWER...ALL RALLIES HAVE BEEN MET WITH SELLERS SO FAR...UP AGAINST THE 20 EMA ON THE 45...SHORT ANY RALLY TODAY...46 3/4 IS THE SS.. 4...SAWS...MAY HAVE SOME FALL OUT BECAUSE OF NOK??..IT'S IN A VERY LARGE P&F TRIANGLE...42 3/4 IS THE SHORT SALE..SEE IF IT HOLDS 43..AND THEN IF IT TRIES TO RALLY..47 1/2 THE BUY... 5...ISSX--ONE HELL OF A TRADING STOCK..WHEW!!!...WILD P&F CHART TOO..2 TRIPLE BOTTOM SELLS, AND ONE BULLISH TRIANGLE..SHEESH!!!..WATCH FOR A DCB AT 50, OR SS, AT 45 3/4 6...NTAP--HELD A BOTTOM HERE SO FAR AT 48....NEEDS TO HIT 57 3/4 FOR THE BUY TRIGGER..OR IF IT REVERSES DOWN HERE AT 52 3/4 IT'S A SELL SHORT WITH ANY BREAK OF 47 A BIG NO-NO.. 7...CMVT---TRAPPED IN A TRADING RANGE FROM 114 AT THE TOP TO 90 AT THE BOTTOM..IT'S HELD THIS BOTTOM 3 TIMES...98 THE BUY, 92 3/4 SELL SHORT, AND ANY BREAK OF 88 3/4 WOULD PLUNGE THIS STOCK... 8...NEWP--HELD A GOOD BOTTOM AT 66...EXPLODED UP YESTERDAY TO 80...82 THE BUY..77 THE SS.. 9...MUSE--HELD A BOTTOM AT 43..48 3/4 THE BUY...41 3/4 THE SS... 10...TIBX--STILL VERY WEAK..BROKE A SPREAD TRIPLE BOTTOM AT 31...32 1/2 A 3 BOX UP, 27 3/.4 SS... FUTURES ARE WEAK THIS AM...AND GETTING WORSE...BUT WE'LL SEE... HOPE WE HAVE ANOTHER GOOD TRADING DAY IN DA ROOM.. BEST TO YOU JER