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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: hotlinktuna who wrote (110615)	3/10/2004 4:36:48 PM
From: Findit	Read Replies (4) \| Respond to of 208838

Tuna sorry about your day. Mine cost me about 2% today. Could have been worse. Still up nicely for the year, but I am fully invested now. This can be costly in two ways. First good opportunities have to be passed up and second loss in value of held positions. I really think most of this year will be good for traders again like 2003. It just may take me a few weeks or a month or two to get my cash position back to an acceptable level for trading. Jim

To: hotlinktuna who wrote (110615)	3/10/2004 6:04:40 PM
From: Connor26	Read Replies (3) \| Respond to of 208838

TradingMarkets.com Mid-Week Battle Plan Wednesday March 10, 4:18 pm ET By Larry Connors Our primary trading encompasses the philosophy that markets move sectors, and sectors move stocks. Here are our thoughts for the day: Today's very strong sell-off leaves us very oversold. In fact, with the past two days TRIN close combined with the fact that the VIX is nearly 20% above its 10-day ma (something you rarely see) we're in the most oversold condition in over a year. This does not mean we cannot go lower. Very oversold conditions can and occasionally do go to even more oversold. And the pain that accompanies it is real. But, we're getting close to a bounce and historically this type of bounce has many times been very strong.