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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (77027)5/14/2001 6:44:15 PM
From: t2  Respond to of 99985
 
I think even if there is a positive reaction to the Fed's decision Tuesday, it will be short lived, and selling will resume by the end of Wednesday or early Thursday.

Actually, that is the plan...to just play it out until early Thursday at the latest...and possibly even go short into Friday...it all really depends upon the reaction in the market in the coming day or two. Actually, my ideal scenario is a big drop on the Naz in the morning to load up and then dump by no later than early Thursday.

I am only referring to my short term trades; my long term position are basically diversified in several sectors, including tech.