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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (2215)	5/3/2001 1:11:07 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 5893

HERE'S THE MORNING E-MAIL Good Morning everyone... What can i say???..another fabulous trading day in the room & the markies<g>..Whew! this is TOO GOOD to be true...he he he...Don't get complacent...we are just trading, doing some investing, placing some funds to work on the long side, and ALWAYS using trailing stop GAINS....as always the markets irrational behaviour makes us all smile as we merrily trade the daily volitility...ya gotta love it<g>... Let's enjoy what we know to be true, and ignore all the noise out there...I have over the years learned the HARD way, to STOP reading everyone so much..Stop searching for opinions of so many pundits out there...forget all that crap...You can SEE it in the charts folks, you can smell it like fresh cut flowers, you KNOW it becuase you've been there and done that before...Do not let others sway you from what you see and understand...CHARTS DO NOT LIE...ONLY PEOPLE LIE...AND PEOPLE WITH AGENDAS.... I make it a cardinal rule to read no one...I do not want their thinking to skew mine..I do not want anything other than what i see to creep into my thoughts to bias me in any way..and neither should you...right now i am in a zone...my manic side is on fire..i see these charts like never before...and so do you...pictures of patterns make all the difference in the world...these patterns always play themselves out, as long as you use stops...it takes time to see these patterns and recognize the potential out there for very large gains...let those nice winners run, do not be scared, and just trail up your stops..trade with confidence...relax and refresh when ever you can... HERE'S THE TOP TRADERS WATCH LIST FOR TODAY: 1...NVDA---TOUCHED 93 FROM A BREAKOUT OF 71...YES 71...87 3/4 THE(SHORT SALE) SS...83 TARGET...90 1/4 THE BUY TRIGGER... 2...VRSN---POPPED AS EXPECTED OFF THAT BREAK OVER 54 AS I SAID IT WOULD...60 1/2 THE BUY TRIG...58 1/4 THE SS...55 TARGET... 3...CMVT---STILL RANGE BOUND..66-73...SWINGS VERY NICELY INTRADAY...71 3/4 THE BUY TRIG...75 BREAKS ALL R...69 1/2 THE SS... 4...OPWV---NEAR HEAVY R AT 41...40 1/2 THE BUY TRIGGER 42 IS A BIG POP..SET ALERTS FOR WHEN IT HAPPENS...38 1/4 THE SS,,,CHART IS DEVELOPING NICELY.. 5...ADBE---TIGHT RANGE HERE....41--48...41 3/4 THE SS--- A BREAK OF 40 A NO NO...43 3/4 THE BUY...HEAVY HEAVY R AT 48... 6...SEBL---JUST A GREAT LOOKING CHART...TRIPLE TOP BREAKOUT AT 48...HAS A LOT OF UPSIDE AS WE MOVE ON DOWN THE ROAD...THIS SHOULD BE ON YOUR BUY AND HOLD LIST FOR LATER NEXT WEEK...46 3/4 THE SS...48 3/4 THE BUY TRIG... 7...MUSE....HIT MY 1ST TARGET AT 52 ON THE NOSE...FABULOUS CHART AS I SAID BEFORE...48 1/4 THE SS...50 1/4 THE BUY TRIG...53 IS A BIG B/O SET ALERTS FOR IT... 8...QCOM---BREAKS A DT AT 61 AND HAS HELD THE BOTTOM HERE AT 56 TWICE...61 1/2 THE BUY TRIG...63 KEEPS IT IN TREND...59 THE SS, WITH ANY BREAK OF 56 BAD.. 9...CIEN---ON A NICE DCB RIGHT NOW....WATCH FOR A SOLID PULLBACK...58 3/4 THE SS...61 3/4 THE BUY TRIG.. 10...JNPR---RIGHT AT R YESTERDAY AT 67 A LOWER TOP...63 3/4 THE SS...66 3/4 THE BUY TRIG..SHOULD PULLBACK... OK SEE YOU ALL IN THE ROOM, IT'S GREAT TO SEE ALL THE NEW PEOPLE IN THERE FROM ALL OVER THE WORLD..IT'S COOL<G>... AND THE GROUP HAS SOME MAJOR CLASS TRADERS THERE... I HAVE TO TAKE MY CAR IN FOR SERVICE THIS AM, MAY NOT BE BACK FOR THE OPEN...IT LOOKS LIKE IT WILL BE DOWN... LATER JERRY Jerry Olson Master Class Trader... buyitbuyitsellitsellit.com