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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (51906)	4/28/2004 3:54:39 PM
From: Peach	Read Replies (1) \| Respond to of 57110

Good luck. I am watching the miners melt. DOH!

To: Oral Roberts who wrote (51906)	4/28/2004 11:42:41 PM
From: PuddleGlum	Read Replies (1) \| Respond to of 57110

Oral, I'm thinking now that we revisit the late March lows. I sold everything that I intended to sell and more over the last 3 days (but still not enough :-( ). Bear strength is rising, and in short order could surpass levels seen on 4/20, which increases the likelihood that we will break the support established at that time. If tomorrow is another bad day then it's "Look out below". And if it's a good day then it might be a selling opp. Downside risk is too high for me to take a leveraged long position right here, but a leveraged short position wouldn't be out of the question.