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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (6879)	7/11/2001 3:00:14 PM
From: Jack of All Trades	Respond to of 209892

If we are to far from the MP#s numbers they will be unwinding causing more downside... I think GE is trying to tell us something... Not saying we can't ralley, but nobody has given a good reason for the spike today... My guess is a small squeeze happened so we have some shorts that bailed. They will reestablish when down shows up causing pressure also... Tomorrow could be up, but I decided to start legging in today just incase GE is bad... My big problem is I will be sitting on a Jury trial tomorrow am expected to last 1/2 day... JoAT EDIT My puts are already BE...