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

To: Trader J who wrote (43280)5/18/2001 1:55:04 PM
From: ajtj99  Read Replies (2) | Respond to of 56535
 
I agree with you, Trader J. IWOV can't run unless it is part of a broader market advance. In fact, very few sectors other than energy can do that right now (unless their is a publicly listed collections agency or something).



To: Trader J who wrote (43280)5/18/2001 3:23:31 PM
From: stormrider1  Read Replies (5) | Respond to of 56535
 
Jeff I disagree with you on shorting IWOV as I still believe we will break from this trading range here on the Nasdaq, and to the upside. While there haven't been any real upside catalysts, by contrast the bad news is being digested without any big selloffs. IMO we are setting a base here in which to go higher. Just a friendly disagreement :) Mike


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