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To: Perspective who wrote (10145)8/16/2001 11:03:49 AM
From: AllansAlias  Respond to of 209892
 
The odds play is always to buy weakness, but yes, we live in a generation conditioned by the firm belief that there is no real risk in the market.



To: Perspective who wrote (10145)8/16/2001 11:05:56 AM
From: AllansAlias  Read Replies (3) | Respond to of 209892
 
Getting a push here. They have to kick it up enough to get shorts to hold off new entries. The next step would be to get late shorts to cover. I am not biting; just watching the NASDAQ build a triangle at this point -- pushing the top of it now.



To: Perspective who wrote (10145)8/16/2001 11:06:56 AM
From: marginmike  Read Replies (1) | Respond to of 209892
 
Look I hope hes right cause I almost punched my screen for not whacking the SOX at 610 three days ago. Had to get tricky with my bid-ng- Freaken premiums are so rich that you have to have huge cajones to buy those Sox puts with those premium's