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


To: Dr. Voodoo who wrote (9378)6/18/2001 12:22:46 PM
From: donald sew  Read Replies (1) | Respond to of 52237
 
Dr. Voodoo,

>>>> Still holding your UOPIX position? <<<<<

Havent thought about it yet. Im watching a movie now - Vertical Limit, great scenery - wished I was there. Will look at it at the end of day. Darn, now I have to look to see where the NAZ is.

seeya



To: Dr. Voodoo who wrote (9378)6/18/2001 3:19:14 PM
From: donald sew  Read Replies (2) | Respond to of 52237
 
Dr.Voodoo, TradingMachine,

Sorry, just had to finish the movie and had to see some scenes for a second time - got glue to the screen.

If the NAZ closes at/near todays lows, it will give a firm CLASS 1 BUY signal on a closing basis with the window until TUE's LOWs, so there could be a bit more selling tomorrow intraday.

As mentioned previously, my UOPIX position is very small(only 3.5% of my mutual fund account) and Im working off of quite a bit of profit in closing my shorts(USPIX) where I went from 75% cash to 96.5% cash , so I have no problem holding it in light of the possible firm CLASS 1 BUY signal, if the NAZ/NDX closes at/near the lows. Now if one went heavily on the UOPIX thats a different risk situation from mine. The reason I went into so much detail is that my decision to hold is based on my risk tolerance, which is different from others.

seeya