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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?


To: Cush who wrote (555)2/13/2001 1:27:41 PM
From: Shack  Read Replies (1) | Respond to of 5144
 
I am monstrously short right now. Markets are rolling over a bit right now. Big close coming today. The banks were weak all day even while the DOW was partying over 11K. I find that very suspicious. (Very good for TD puts :-).

I even bought some Feb puts on some stuff thinking we get a fairly steep drop in the next few days.

NVLS, my latest put purchase. Nasty MACD and negative CMF. I know Stoch is giving a buy but the stock is up 17% in two days. At the very lest we have a quick snap back. I'm also betting it gets sold after the AMAT earnings tonight.

I know its not Canadian so I apologize.

stockcharts.com[w,a]daclyimy[dc][pb10!b20!b50!b200][vc60][iUc20!La12,26,9!Lf!Lh9,3]