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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 (25969)1/24/2003 11:55:58 AM
From: Softechie  Read Replies (1) | Respond to of 30712
 
All right Jeffrey...I will go net long of 20% (decrease from 40%) in UOPIX...



To: Jeffrey S. Lillie who wrote (25969)1/24/2003 12:02:15 PM
From: ajtj99  Read Replies (3) | Respond to of 30712
 
Jeff, you're playing a bear flag, and it's dangerous, IMO. The drop from this AM was an impulse wave. As such, any re-trace should be minimal.

Either way, you tend to make money, and you've got a good cushion. However, it's pretty dangerous for most folks to try to do what you're doing.