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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (42699)	4/26/2001 1:16:35 PM
From: ajtj99	Read Replies (2) \| Respond to of 56535

I agree with you on that, Max. However, there is so much information out there to indicate March was pretty bad that a surprise on the upside does not seem to be in the cards. The fact that April should be worse makes it even more doubtful. In hindsight, I should have cashed in my QQQ's at $3.80 and bought in again this AM. I just didn't think I'd be able to get them for under $3.00, and the risk/reward ratio was not great enough to possibly miss a drop below resistance. I think the war between the shorts and the longs this afternoon is a draw, and we drop below yesterday's close at the end of the day on profit taking going into the GDP numbers tomorrow AM.