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


To: Shack who wrote (1065)3/13/2001 2:46:10 PM
From: Shaw  Read Replies (1) | Respond to of 5144
 
I'm the same way when I am short. I agree also. If that 1,980 goes and we get a strong close it could give people a reason to get in tomorrow, imo.

As I sated to Cush, I want to be long a call into next week (a very small play, risk vs. reward). If we can break and hold a nice gain over 1,980 I may accelerate my call buy to tomorrow rather than Friday.

That said, I still think this looks sick and will hold my nose whilst doing it.



To: Shack who wrote (1065)3/13/2001 8:41:22 PM
From: Davy Crockett  Read Replies (1) | Respond to of 5144
 
Hi Shack,
R u still in those GE puts?

Very interesting that GE bounced off the 1974 trendline on the P&F chart. If it fails, next stop for GE is $33.00
& $23.00 & .... well u don't want to know.

I can't show you the link 'cause stockcharts.com doesn't go back that far...
Regards,
Peter



To: Shack who wrote (1065)3/14/2001 12:51:22 AM
From: Shaw  Read Replies (2) | Respond to of 5144
 
Hey Shack,

Did you end up doing anything??

Man, I have no idea if this is another head fake or not. You?

News (barring a really bad negative warning) seems to be possibly benign til the Fed meeting so I guess I am ST bullish. The market went toally opposite of what I thought around noon today, so I have no choice, I guess. Interestingly the DOW didnt break 10-3. As you may know my time horizon is never much more than an hour or two so WTHDIK.

No calls, no puts here, but will go a small call on Friday if the NAZ doesnt get ridiculous on the up side.