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

To: Jerry Olson who wrote (4212)	11/2/2001 7:31:34 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 5893

updated 1031-2001 Morning everyone.... i just got my first reversal down on one of the P&F indicators..the Hi Lo index...this is a short term inidcator that if the/when the Percent of 10 rolls over as well soon, that would be a negative for the next few weeks... many stocks are begining to break triple bottoms...so i would either write covered calls on your long positions by no later than next week...or exit all your longs and go to cash on the very next warning i get... as i've said before...we are going to move down here to either a higher low, or a full retest...between now and Late Dec...it won't be straight down folks..But i can assure you that Q4 will be worse than Q3..i'm tired of saying it tho<g>... that should be the wash out we're looking for... we do have a shot at a lower top here heading into the FOMC...the GDP came in at 0.04%..well above the 1% estimate... i am long CSCO--JNPR(GOT DOWNGRADED TODAY)- & QLGC...I LIKE BRCD--EBAY---QCOM FOR A BOUNCE TOO.. HAVE A NICE DAY.. JERRY could some of you please respond to this e-mail letting me know your getting it??? as you know i've changed to DSL and my e-mail has changed too..thanks Jerry Olson Master Class Trader jerry.olson@verizon.net