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To: bcrafty who wrote (87310)12/11/2003 1:55:21 PM
From: JRI  Respond to of 209892
 
Just covered for decent day profit...think we break 10k at close..this just setting it up..

Having said, nothing would surprise me..

If we don't cave here, see another op (maybe 1% higher) around 1425 NDX to short...(yup, that one is a switch from this morn-g...after that (and a 10k close today, hold in morn) I'd fairly worried on a runaway into New Year...



To: bcrafty who wrote (87310)12/11/2003 3:50:45 PM
From: JRI  Read Replies (1) | Respond to of 209892
 
Tomorrow's morning headlines (big black letters, Dow 10k...traders looking happy) is probably worth a day short if nothing else...thinking in 9:50-10:00 (as overnite order filled)...

If we don't blow up (runaway gap) at open...I'm thinking 1421-1425 (tight stop) would be good target/resistence....push down stops as it becomes profitable...whadda think of that? (admittedly, market signals becoming bullish/more bullish w/today's performance)

I'm on record: No way they don't let this close below 10k today..(as silly as the whole thing is)