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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (28198)1/23/2002 4:47:32 PM
From: 4rthofjuly007  Respond to of 52237
 
Yeah. Vix down 5.75% today and p/c seems to indicate that many expect a nice move up.



To: Paul Shread who wrote (28198)1/23/2002 8:23:21 PM
From: isopatch  Respond to of 52237
 
Paul. Very good point. Thx for posting that.

Unless a trader is very nimble and skilled in ST work and/OR in one of the lagging sectors in the market rotation? There's not much reason to be heavy on the long side. We've come a long way since late Sept in this Intermediate move. And it looks very close to being over and both time and price..

The only thing I see that might give us a little more upside is optimism about another Fed cut and the likelihood that more amateur shorts will be squeezed out before we take her down hard.

JMHO

Isopatch