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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (15307)12/21/2001 9:22:03 AM
From: mishedlo  Read Replies (1) | Respond to of 99280
 
Thanks aj. I did profit from it but not as much as softie.
He had more willingness to hold overnight while I missed two gaps down and also got shaken out of a couple big winners at a break even point after having been green.

I am reluctant to let any reasonable gain turn into a loss right now in my trading acct.

In my IRA I am looking for some longs to position into but see nothing yet.

I say today finishes up or smallish either way. Probably No big drops but certainly no big gains, with a big drop far more likely. If, we are more or less flat, then a small rise on Monday should be expected as well, and perhaps this is all the down we get.
If today is down, then the first few days next week could be brutal as that means delta hedging might have kicked in big time, and the powers that be will want to cover as cheap on their shorts as they can.

This is my roadmap which differs a bit from turnips depending on how today goes.

M