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

To: jjstingray who wrote (78574)	8/6/2003 8:41:39 PM
From: the-phoenix	Respond to of 209892

jj, the bearish pattern that I was trading in the $SOX has played out beautifully, other than I had been looking for a turn down from 400-403 and it turned at 398. (So shoot me.) I have been playing it with short August 400 calls that I will definitely think about covering with any fresh low tomorrow in the 375 area. That was what I was looking for this morning, but it didn't get there. After that, I would not be surprised to see new highs on the SOX by Labor Day, so again, it is really a matter of timeframe.