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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (24339)8/16/2001 9:34:43 PM
From: westpacific  Respond to of 30051
 
Monday could be nasty, OPTIONS X, all that is keeping this market alive, they do not want all that money to be made on those that shorted this market.

West



To: westpacific who wrote (24339)8/17/2001 6:25:51 AM
From: Jerry Olson  Read Replies (1) | Respond to of 30051
 
Morning West

i still am in 100% cash today..and will wait for cycle lows to resolve themselves..either today or into the FOMC as expected...

there's a ton of bearishness out there...so not sure about this massive selloff..i highly doubt it..and suggest buy stops on all shorts if your letting them run here for max profits...

i'll revist as we move into next week...