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


To: 2MAR$ who wrote (3792)9/27/2001 8:12:56 AM
From: Jerry Olson  Read Replies (1) | Respond to of 5893
 
LOL

hey what can i say...i enjoy the room a lot Marsh...we've been talking about this type of trading ad nausem...

i hammer it all the time...i do however like to try different things..but thats me...

people will have to learn the right way to trade or their simply going out of biz..period...

no way you can succeed against the trend?? not a chance...



To: 2MAR$ who wrote (3792)9/27/2001 8:13:10 AM
From: GREENLAW4-7  Read Replies (2) | Respond to of 5893
 
2MAR Shorting at this level could be HIGH RISK if you look at the stochastics on both NASD and DOW. I am one that shorts 70% of the time and 30% long. Looking at current pessimism I actually see a bottom forming in NASD. We could see 1250-1300 area but most stocks will bounce back to current levels.

The GOVT. is simply putting far too much cash to work and it could have a profound effect in the next 6 months.

I still like BTK and OSX going forward but would not be surprised to see one powerful rally to 1900 area in very near future!