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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (3806)3/22/2001 3:47:05 PM
From: JRI  Respond to of 52237
 
1800 turned out to be pretty powerful....still seems like a lot of short-covering here...tomorrow will be more real...we'll se..



To: JRI who wrote (3806)3/22/2001 3:57:00 PM
From: SpecialK  Read Replies (2) | Respond to of 52237
 
JRI, Are you holding those SOX puts? I feel it's a setup like last month, feel like buying some puts as well.
We are so oversold, so maybe this carries.

I figure whatever direction we open, the opposite action should be taken. We gap down, it's a buy, We gap up, it's a sell. Last month, we gapped lower and went a lot lower, so not sure.