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

To: augieboo who wrote (54220)4/22/2002 11:22:48 AM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 99280
 
Augieboo: Re: "I'm thinking about going long at just above 33 if 1757 holds."

If I were to do it and I will not because the odds are no better than a coin flip to me, I would only do it for a daytrade.

Re: "On the other hand, I'd hate to go long at 33 and see it print 31 later this week."

I guess this is why I suggested a daytrade only.



To: augieboo who wrote (54220)4/22/2002 11:25:11 AM
From: jjstingray  Read Replies (1) | Respond to of 99280
 
Just put in a stop below $33, this way you will not see $31.



To: augieboo who wrote (54220)4/22/2002 11:26:27 AM
From: Steve Lee  Respond to of 99280
 
You are unlikey to get QQQ at $33 if COMP 1757 holds.

At current QQQ to COMP relationship, $33 represents about COMP 1728. (probably still a good buy tho).

You would need financials and small caps to seriously outperform big tech and bio to get $33 with COMP 1757.


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