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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (7457)	1/9/2002 10:24:37 AM
From: Bob Biersack	Read Replies (2) \| Respond to of 26752

Love that "Trigger Finger" lol

To: Susan G who wrote (7457)	1/9/2002 10:25:40 AM
From: lee kramer	Read Replies (2) \| Respond to of 26752

Susan: It looks that way doesn't it? I'm short the QQQ's.

To: Susan G who wrote (7457)	1/9/2002 10:27:19 AM
From: rocklobster	Respond to of 26752

Susan...I have much better luck selling right over the last local top on nq's and then looking for a quick pullback..I hit the nq's at 1710.5 and scalped four points short...I'm looking to hit nq's again short at 1712.5...it's much easier than trying to wait for a breakdown.. and less risky stop wise...of course I have stops in place in case I'm wrong but more often than not we get a pullback over a local high before a big push.... the trick is not to hit it too soon...watch the tape and watch for the ask price getting ratcheted up like three or four points non stop....that's when you know they're squeezing shorts...then when it stalls hit it right over that spot.. rok