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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: bvinnieb who wrote (43504)	6/27/2002 9:04:46 AM
From: AllansAlias	Read Replies (4) \| Respond to of 209892

No, I wouldn't short, but then I am not playing the wiggles here. For you, it might be perfect. I am playing "The Middle Road" -- a rally that scares the bears, followed by a dump so hard that folks are actually scared it might not stop (i.e., they don't see it as a fat buying op'ty). I will be the first to admit that many charts looks so broken it is hard to see how we could get a decent bounce here. If this gets exuberant this morning, I will be adding a few doom puts. My long position is small, about 5% of my option capital, so the doom puts would likely only be 2.5% and would likely be Augusts QQQ's. My point is, it's all small stuff until I get the phat pitch I've been waiting for now for at least 3 weeks. Message 17657237