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Strategies & Market Trends : Trading with Jerry Olson(OJ) -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (1436)3/1/2004 7:03:27 AM
From: 2MAR$  Read Replies (2) | Respond to of 1617
 
unless you understand the intraday nuances of the futures markets you're missing out completely on how to trade as a day trader...we sold the rally and shorted the semis...>

And JPHQ downgrades INTC and AMD this am to neutral rating , channel checks indicating 2nd qtr shipments weak on notebooks....

Intel-INTC cut to Neutral from OW, checks show weak Q2 notebook shipments@JPHQ

So after all that bidding up into the 4th and 1rts QTR earnings , on the hype and hope of the Holidays and the recovery , just what did you think was going to be the case as JP just indicates now that 2nd qtr sales will be slowed down ?

How many times have you seen this happen , and yet still wait after they fall 10pts lower to start making some short calls finally realizing there is suddenly a bit of trouble in River City ? And every stock that has bid up , including DELL has fallen back from former easily definable valuation tops from before .

And that's "Daytrading " ? Did you ever check Level II even once in the last 1 1/2 months either ?

No, that's completely ---->inept , Mr Olsen.
You should know better by now .

Learn your valuations , before you "Daytrade ", but nice to see you finally taking some shorts , even if 10pt+ haircuts already on some & when they are already
marching up on 20% lower .

regards

Mars

PS: Whe I invent a new "slice N dicer " machine for the kitchen drawer , i want you to sell it on the cable channels for me . hehe