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To: Paul Shread who wrote (49609)8/9/2002 2:17:49 AM
From: Dana Johnson  Respond to of 209892
 
Thanks, I f**ked up pretty badly last year and needed to take a breather. I am rediscovering SI and always considered this one of the best threads even though I am centered in a P&F perspective...



To: Paul Shread who wrote (49609)8/9/2002 8:30:49 AM
From: bruceleroy1_-  Read Replies (1) | Respond to of 209892
 
Posted on Thursday, August 01, 2002 - 6:10 am:
By Don Sew
--------------------------------------------------------------------------------
With yesterday's end of day ramp-up, I got very firm CLASS 1 SELL signals in the SPX/OEX and DOW. On the SPX, it was the 1st time that I got a reading of 999 out of a possible 1000 on a closing basis.

At yesterday's close I added a significant short position in the URPIX(short-SPX 2X mutual fund), to my existing USPIX(short-NDX) position.

I am expecting a retest of the recent lows, but as I have mentioned over the years, I consider a successful retest to be within +/-7%