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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: stormrider1 who wrote (46766)9/19/2001 12:10:19 PM
From: LTK007  Read Replies (1) | Respond to of 56532
 
Mike,i am seeing more signs of a true capitulation since i have been doing this---the other breakdowns had however significant areas of strength--now we are seeing just a general breakdown--some real bargains may turn up in solid value stocks.I am chasing around --damned it is hard to pick just a few from thousands:) Max



To: stormrider1 who wrote (46766)9/19/2001 2:40:48 PM
From: LTK007  Respond to of 56532
 
Mike we have just knifed through Major Support line on NDX100 it is now 1144(major support was at 1152)max



To: stormrider1 who wrote (46766)9/19/2001 3:47:54 PM
From: LTK007  Respond to of 56532
 
i am still not a buyer,shorts covering rally---plus we haven't even hit October and tax-loss selling.Keep in mind i am NOT!!! looking for any quick trading--i am looking for at least a buy and hold for a month--i still see no great rally----plus CNBC calling a bottom AGAIN.But Cashin saying worse not over---i am with Cashin.He wants to see heavy BUYING volume.Max


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