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


To: AllansAlias who wrote (70376)4/4/2003 7:04:41 AM
From: Jerry Olson  Respond to of 209892
 
Morning AA

i think there is little doubt after some retrenchment and consolidation over the next week or so, we are going to take out the recent tops...

the charts, P*F and everything i've been looking at and trading long is bullish..for weeks now i might add...

without an outside event, we are going much higher here...

it may take a bit to accomplish, but there's not a doubt in my charts...

460 OEX would start us off to test the Dec top

SPX 900 takes us to that same spot in Dec at 935..i remember it well once under it we could not break it up and out..and then we'll test 955...

i have been heavily long..got stopped out yesterday on 4 trades but all were wildly profitable..

still hold 6-7 positions and will not sell...they can take me as they wish...all those are profitable as well.

what with a lousy empl# this am, which i feel is already discounted, i want to see what this markets made of right here at this "local" juncture..

anyway

good luck to us all

jerry