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Strategies & Market Trends : Charts & Scans -- Ignore unavailable to you. Want to Upgrade?


To: Ron who wrote (3313)9/28/2003 9:35:04 PM
From: robert b furman  Respond to of 5125
 
Hi Ron,

Yup we need to have fear because the 50 day has been violated.

The last several times the Sox dipped to the 50 it hovered above and/or dipped below for 5 days each.

We have 10 trading days before the earnings come on strong - so we get to just chew a fingernail or two.GG

Good charts.

CPC getting pretty high very quick.

Usually a second pop is all one can expect.

Pro's are setting up their paycheck for option expiration on October 17th.

Sell lots of puts during fear - move the market up and they expire worthless.Ahh - all in a paycheck.

Bob



To: Ron who wrote (3313)9/29/2003 11:10:44 AM
From: Jeff Jordan  Read Replies (1) | Respond to of 5125
 
Week Two: Bearish action

I think the market will move farther than we think...as usual?<g>

Lots of shortable stuff...

I'm wondering how low ORCL is going?