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To: Lucretius who wrote (61075)1/24/2001 8:13:08 AM
From: marginmike  Read Replies (1) | Respond to of 436258
 
Its so easy to make money with on the good side. Darth, join the JEDI and repent your evel shorting ways.

I will be selling calls into strength, RYDEX is way to bearish to stay long here. I say we nip 3K today and start aree long consolidation before the Guns of August began their assault's. In any case These rallies are tremendous. VIX closed at 23, if it gets much closer to 20 If I were bullish Id be worried. That signifies an implosion is comming whille everyone has put back on the snooze button.



To: Lucretius who wrote (61075)1/24/2001 8:14:39 AM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
This move has more left that's for sure. The gap-up is somewhat worrisome in the short-term, but I will be buying the pullback. The most impressive breakout today will be in the MidCaps. Got big-beauty-coil-explosion? Should be able to run to 535 unimpeded.

(Treasure these last few posts before my hiatus... -g)