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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (68131)	3/8/2003 2:53:12 PM
From: ild	Read Replies (2) \| Respond to of 209892

Patron, who is gonna buy the rally if all the bulls are long and all the bears are long? Add to this that bulls need this rally to unload in hopes to breakeven and bears will furiously sell into it. On top of this general public has completely lost interest to stocks and mutual funds are low on cash. IMO with such short time frame it make sense to avoid both long and short positions and switch to puts and calls. BWTFDIK P.S. Look at foreign stocks. They are completely devastated.

To: patron_anejo_por_favor who wrote (68131)	3/8/2003 4:09:39 PM
From: bcrafty	Read Replies (3) \| Respond to of 209892

patron, "given that the war will be starting in the next 6 trading sessions" That's a pretty big given. How do you figure that? The US/British deadline for the UN resolution is 3/17, so are you implying they'll start the attack that evening no matter what? Another popular event that has been mentioned lately as a prime time for an attack is the new moon on 4/1 where the attack can be made under more of a cover of darkness, as opposed to making it under the light of a full moon on 3/18.

To: patron_anejo_por_favor who wrote (68131)	3/8/2003 5:37:00 PM
From: JRI	Read Replies (1) \| Respond to of 209892

P- In the last many weeks, market (wiggles) has gone down whenever something about certainty of war pops on, goes up whenever there is a successful "peace"/"blocking war" initiative...while not going anywhere... Guessing wiggles, and leading to first bullet, wouldn't that rather argue for down into war begin, and then possible push after some success?

To: patron_anejo_por_favor who wrote (68131)	3/8/2003 7:03:26 PM
From: NOW	Read Replies (3) \| Respond to of 209892

“I don't care much for philosophical alignments. If partisanship is imperative than hold short some leap puts. Give me a good gap down following days of selling anytime, I don't care if INTC is closing shop and O’ Sama has just kidnapped Dick Cheney. I will go long since it is a play that is backed by the full faith and credit of the United States Treasury. One of highest probability plays in the book. The more hysteria the better. The worse the 'numbers' the better. Waterfalls are for honeymooners in Niagara. Strength over lunch does not bode well for bears at all, price keeps flagging up like a 17 year old porn star on 1,000 milligrams of Viagra. Looks to be gathering steam for a move to close out at the highs. Less attention paid to emotions and party alignment the better.” Buddha

To: patron_anejo_por_favor who wrote (68131)	3/8/2003 8:01:30 PM
From: skinowski	Read Replies (2) \| Respond to of 209892

Probably the smartest thing is to hold some puts and some calls and take the money if/when you see it... Keep mostly on the sidelines and prepare to fade the next extreme when time arrives.