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


To: Jorj X Mckie who wrote (25853)2/7/2003 4:11:30 PM
From: bramble88  Read Replies (2) | Respond to of 57110
 
Holding on to EXPE March puts for the weekend.
It is not making the decision easy, closing right at my cut-off level. I guess I am just a touch more stubborn than I am disciplined..
In any case, general market conditions are on my side, and I like seeing the hourly stochastics decidedly crossing below 80% today, though in some other ways EXPE chart is still ambiguous.

Having said that, I would not be surprised to see a weak rally late Monday or early Tuesday..unless we've already entered one of those descents where the market just stays oversold indefinitely.