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To: Paul Shread who wrote (77417)7/15/2003 10:22:26 AM
From: JRI  Respond to of 209892
 
(Toppy) Yeah, I'd like to think so, although don't wanna be called an economist around here (you know, the ones that sucessfully predict 7 out of the last 3 recessions)....and I'm scared of this thing....g,ng....so don't want to rock the boat by yelling 'top' a la leg-less guy on the mast of bubba gump shrimpin' boat (with bull wind spittin' in my face)..

Certainly, it has been some funky shite last few days...real funky...

Still holding QQQ short from yesterday...



To: Paul Shread who wrote (77417)7/15/2003 10:31:42 AM
From: bcrafty  Respond to of 209892
 
Not much more than a little G&C to me

The early morning economic numbers were OK, and some selling prior to Greenie's speech might be all it is.

Furthermore, since this options-ex week some volatility is to be expected, therefore I decided last week I wouldn't play too much this week for that reason.

It seems from my amateur observations that Tuesday is the most likely day of options-ex week to be countertrend, with Wednesday being the second most likely day.