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To: fedhead who wrote (152993)2/13/2003 3:50:14 PM
From: craig crawford  Respond to of 164684
 
>> But these levels offered a decent risk/reward setup to go long. <<

fair enough, but i think it was ok to go long for about an hour--tops! now get short, quick! or go short tomorrow. get short before the weekend.



To: fedhead who wrote (152993)2/13/2003 4:51:52 PM
From: Alomex  Read Replies (1) | Respond to of 164684
 
I believe evenytually we take out the October lows.

I don't know about taking them out, but certainly at the very least testing them...



To: fedhead who wrote (152993)2/23/2003 9:25:09 AM
From: craig crawford  Read Replies (1) | Respond to of 164684
 
i would be remiss in not congratulating you on your excellent short-term call to go long a week ago. we'll see if this market has real legs next week, now that options expiration is over with. no reason to prop them up any longer. if the market can continue upward next week, i will have to reassess my bearishness and cover my shorts before they turn into losses.