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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: RR who wrote (56730)1/13/2003 11:24:15 PM
From: RR  Read Replies (2) | Respond to of 65232
 
Well, pooie on this head and shoulders on the big board I keep reading about. Yep, it's there, but I still think it wants to run some more.

I usually discount options expiration week when thinking ahead 4 weeks or so. It oftentimes has much more volatility and games played to set up positions to unwind on expiration. Interesting, though, I've read a lot of discussion about how there are so many issues being considerably above max pain this time. Pull it down by Friday? If, so, why not before now? If doom and gloom, why not pull this baby down before now? Scratch my head.

I do like the way the big board has held in there the past two weeks.

So, let the bull run. Get this week behind us and turn it loose until late Feb.

BTW, moo, moo if the big board can bust that H/S.

Yep, ought to be an interesting couple of weeks to see where we go.

RR



To: RR who wrote (56730)1/14/2003 9:29:45 AM
From: Murrey Walker  Respond to of 65232
 
You get snow on Sunday or did it all go south of you?

With 20 plus inches of snow to date, and possibly more this week, I am happy to say we missed that last package. Way too much snow this year. Kinda of makes me think of Dallas in a more positive vein.