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


To: ajtj99 who wrote (30290)2/14/2002 10:26:54 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 99280
 
aj, I'm not using closing basis and I don't think Donald does either.
This was his buy signal -

to buy in Friday or Monday.

siliconinvestor.com

I didn't hear the conversation - can only print what is here - however, as far as I know, he did not set parameters for the nasd. Maybe he did, I just don't know. What I DO know is that the dow moved up 400 points and the s&p 40.
That was a nice move. The nasd isn't the only market, you know. -ggg



To: ajtj99 who wrote (30290)2/15/2002 12:18:34 AM
From: Nancy  Read Replies (1) | Respond to of 99280
 
aj, if you go to marketswing.com site to read don's class buy/sell signal definition and you will know it is that the low or high will be in the day following the signal. if the trend is strong then using 2x funds is his choice. but in this particular buy signal, he specifically said he would only use qqq calls as he only expects a 2-3 pt bounce max in qqq. which is exactly we got.
otoh, the buy signal yield a much better gain on a djx call if you will.