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To: marginmike who wrote (38324)5/8/2002 9:52:48 AM
From: Shack  Read Replies (1) | Respond to of 209892
 
NDX 1230 and I take my first short-shot. But I am not dumping my calls yet. Just hedging.



To: marginmike who wrote (38324)5/8/2002 10:12:05 AM
From: Clappy  Read Replies (1) | Respond to of 209892
 
I think this is a one day wonder bear rally

Although I agree with you, it's usually those rallies that I doubt are the ones that cause the panic buying later on.

I see absolutely no reason to buy this rally right now.
Unfortunately, this is when I'm usually wrong.

I'm determined to wait it out though. Cash and Gold is all I want right now. Sold my formerly underwater BRCD calls for a profit today. Sometimes you get lucky...

-SelfInverseMarketDirectionIndicator