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

To: Gersh Avery who wrote (2706)	7/8/2001 4:28:48 PM
From: Jerry Olson	Respond to of 5893

Gersh hi there....everything is setting up nicely i would think for a short term rally...it won't have any guts tho.. i went long some stocks late Friday, looking for a move up maybe after early morning weakness...1190 is excellent support on the SPX... on the VIX index..i need to confirm the chart..i do know it reversed back up here as expected...but i am not really sure of the top number???? anyway...this is only a 'SHORT ALL RALLY" RALLY "if" IT HAPPENS...<vbg>... the overall charts suck big time...major breakdowns everywhere, i am using this time frame for a quick move up..then i'll unload the boat and short this to death... we caught some very solid ss triggers last week playing just 3-4 total stocks...it was very nice... whats your current read...