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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (10619)2/21/2002 11:32:31 AM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Jim, the reason it moved up is not important to me, my miss by a day on the timing is what is important, because I figured they would do something after options expiration.
So the next trading day was Tuesday, but they faked me out with the dump.
As I said, I took a hit on my index calls on Tuesday, but did just fine daytrading NXTL & NXTP yesterday.
F has been a good steady .30-.50 trader too..
And I am a trader for the most part...

And, as I said Monday, the downtrend is still in place.....

Jim, I am looking for a little buying this week. I am long some at the money calls in a few things.
I just think the put/call ratio is so skewed right now the big boyz are going to clear out some of the suckers, just 'cause they can.
The longer term downtrend is still in place....