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To: AllansAlias who wrote (51485)8/28/2002 12:42:29 PM
From: The Freep  Read Replies (2) | Respond to of 209892
 
As ancillary observational stuff. . . all I see here are shorts covering and talking about possible long entries (though most are still avoiding that). I see no bear crowing. I see no scared longs. Both of these things exist, no doubt, but I'm just talking what I'm seeing on a handful of boards I like to check.

I find this rather interesting. Bears have been burned lately, and some are glad for profits or getting even or close. None seem to pay much heed to the fact that banks MAY be breaking down here and that we have fallen hard on non-tech after finally breaking the uptrend lines (oh, and that small S+P h+s which points down another 20 S+P points). Naz below the trendline, too. Everyone thinking this is just a fakeout? It might just be, that's for sure. Still, what's it mean? I don't kno, cuz I'm confused, but I do find it intriguing.

the freep



To: AllansAlias who wrote (51485)8/28/2002 12:46:47 PM
From: augieboo  Respond to of 209892
 
Of course not! I'm still chasing the charts around trying to find the perfect entry for a combination of RYTPX, RYVNX, RYAIX, and RYURX. {g/ng}

Plus, just 'cuz I can read the market, (assuming I'm right), doesn't mean I can trade for beans. Unfortunately, I've found that the former does not necessarily imply the later. {NG}



To: AllansAlias who wrote (51485)8/30/2002 9:28:43 PM
From: augieboo  Respond to of 209892
 
Bought my first servings of RYAIX, RYURX, RYTPX, and RYVNX today. Plan to buy more next Tuesday & Wednesday, with amounts dictated by market pumpage, etc.

RYAIX and RYURX (-1 x NDX & SPX) & are for short & hold.

RYTPX and RYVNX (-2 x SPX & NDX) are for swing trades. If it looks like there will be a strong options expiration pump, I'll dump them around the 11th and reload during expiry. Beyond that, I'll play it by ear.