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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (1514)9/18/2002 8:16:32 PM
From: paulj  Read Replies (1) | Respond to of 57110
 
>>reminds me of that old commercial...."BANG, made $13 just like it was nothing"

I'm sure we can all relate to that these days.

We're all looking for a rally to short, so of course that rally doesn't come along. In the meantime, all I find to do is scalp some, often both long and short during the same day. Just picking up fractional points. Eventually they add up, but it's slow going. Better than just doing money market rates. With prices this low, fractional points are a big percentage.

Looks like tomorrow will be ugly again. I suspect we'll do another quick rally again since we're near so many supports, but since everyone just wants out or to get short, hard to see the move having legs. Of course, now that I said that, it will. Seems we're due for a bit of a rally, but it seemed that way a week ago too.