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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (3076)7/2/2002 11:42:41 AM
From: h8_2_b_l8  Read Replies (1) | Respond to of 30712
 
zippo fear out there.

Trin minus WCOME is a meager 1.15
VIX only reached 33 on a break of the 52-week low
Many stocks saw buying come in on break of 1375

We still have a ways to go.



To: Jeff who wrote (3076)7/2/2002 11:46:02 AM
From: ajtj99  Respond to of 30712
 
Jeff, surely you know I also posted other stuff after looking at the charts that night. Anyway, since the re-trace didn't call for a run to 1480 COMP, I'll just have to figure you were still short from 1560 or so.

As for going against the re-trace, I was holding puts at the time I posted that, so I guess I was posting a thought while I had a short position. I closed them at a decent loss on Friday after getting stopped out. I would still be in the red now, as they were DJX puts. I recovered by selling near the top Friday. I'm loaded with puts right now again after the breach of COMP 1375 (I went flat yesterday at the close).

Anyway, let's just say I post my thoughts and attempt to find short term market direction in addition to our knowledge that this will end at either COMP 800 or COMP 1000 next year.