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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (5865)5/10/2002 3:35:31 PM
From: Jerry Olson  Read Replies (2) | Respond to of 5893
 
THIS WAS MY ALERT TO DA TROOPS...ON RALLY DAY..HOPE YOU ALL DID GOOD TOO...

From: Jerry Olson
Sent: Wednesday, May 08, 2002 7:30 AM
Subject: UPDATE

Good Morning all

well CSCO came in very solid as did QLGC...this of course will ignite a very large bear market rally...

you should have gotten long last night on my alert after hours..and you still can participate this am...

JNPR should benefit from that CSCO report...

as for QLGC try BRCD & EMLX for solid bounces...

these are sympathy plays...

i am long QLGC---MSFT(I LIKE THIS STOCK AS IT'S 100% OVERSOLD ON P&F..)...AMAT---KLAC---

YOU CAN TRY NVLS I THINK TOO WILL FLY TODAY...I AM LONG MU AS WELL....very very oversold mu...

CCMP---EXPE---BRCM---MCHP---KLIC ALL SHOULD DO WELL..TRY THE SMH FOR 2-3 POINT MOVE HERE..

I WANT TO STATE RIGHT HERE AND NOW...THE OTC BULLISH PERCENT HAS REVERSED DOWN AS OF YESTERDAY...DEFENSE IS ON THE FIELD FOR NAZ STOCKS...SELLERS WILL TAKE THIS OPPORTUNITY TO SELL THERE LONGS ON THIS BOUNCE AND SHORT THEM AT RESISTANCE..

WE WILL SHORT THIS RALLY FOR SURE...MAKE "NO" MISTAKE ABOUT THIS NEXT MOVE..IT';S "STILL" SHORTABLE...

WATCH FOR ANY AND ALL STOCKS THAT RUN BACK UP AND INTO HEAVY OVERHEAD R AT THE BRL...THESE STOCKS WILL "NOT" PENETRATE THAT LINE...YOU CAN AND SHOULD SHORT THEM THERE...

THEY'RE ALL IN PROTRACTED DOWNTRENDS AND WHAT WITH THE OTC NOW IN O'S, WE DO NOT GO LONG HERE...NO LEAPS EITHER YET..WAIT AND BE PATIENT...

SO ENJOY THIS RIDE IT'S GOING TO BE SPECTACULAR FOR 2-3-4 DAYS OR SO...

BEST OF LUCK

JERRY

PS...BUY PRE MARKET FOR THE POP, AND TRAIL STOPS UP ...MAYBE IF WE HOLD GOOD DO A SWING TRADE...


Jerry Olson
Master Class Trader
jerry.olson@verizon.net
www.buyitbuyitsellitsellit.com