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To: Shack who wrote (15544)10/4/2001 8:58:42 AM
From: JRI  Read Replies (1) | Respond to of 209892
 
Its only pre-market....the last few sessions, Dow futures were DOWN, and market rallied up during day....now we have futures up...

Believe Shack, I'm scared too (and am flat since getting popped between eyes a couple times yesterday...luckily, I got out at COMPX 1528)...but all the textbooks I've read tell me scared is better than complacent (for a trade)..

I probably won't short the exact open....I'll let it bounce around a little, and see how the action looks, and then assess any trade- but I just find a run up thru the gap (without stopping) unfathomable, and given the size of the run, and the fact it looks like the COMPX put in a multi-day, flat 2, I'd think the 4 should be sharp and quick...



To: Shack who wrote (15544)10/4/2001 9:15:02 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Bears are scared. Bulls are happy. Wish the p/c's were collapsing because that would give us a slam dunk.

I will use any *good* pop here to get shorter.