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

To: Jeffrey S. Lillie who wrote (21247)12/24/2002 12:59:25 PM
From: Jeffrey S. Lillie  Respond to of 30712
 
well we rallied from 11 for an hour and a half.But it was one of the most piddliest rallies. cant expect a lot of movement with no traders around. the dump at the eod was not part of my plan
j



To: Jeffrey S. Lillie who wrote (21247)12/24/2002 1:07:34 PM
From: fedhead  Read Replies (1) | Respond to of 30712
 
With such low Put/call ratios and low VIX readings why do
you think we rally before we selloff. In fact this is a
good place to selloff as it leaves all the shorts who were
waiting for a rally to short without a position while at the same time burns all the longs. I wouldn't be surprised if the S&P sees 861- 870 zone before any meaningful rally.

Anindo


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