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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (1469)3/12/2001 12:29:48 PM
From: Michael Watkins  Read Replies (1) | Respond to of 12411
 
The public and country will suffer. But I'll make money.

However harsh sounding, that's the correct attitude to take if one is to speculate, isn't it?

Since the run up in tech was absurd, surely things can get stretched to the downside in much the same way.

Certainly makes for interesting market direction analysis.



To: Chip McVickar who wrote (1469)3/12/2001 12:56:49 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 12411
 
Hi Chip,

You shouldn't get so emotional about the markets. If one is to play the futures they should care only that it moves IMO...

I decided to speculate on some April IBM 100 calls for a bounce from this down move...

Sold March 640 OEX puts today for a 5 bagger and that was to early and I bought them to early...

The 55min stoch signaled pretty well @ 1278...

Jeff

EDIT: could be uptrend from here for a bit...


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