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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: profile_14 who wrote (2650)	3/7/2005 11:56:04 AM
From: kodiak_bull	Read Replies (1) \| Respond to of 13449

Profile, Your credibility is zero. Wrong calls on AAPL, TOL and OIH. My best idea? Well, it was not to bet against the trend in TOL at $65, 75, 85. Look like pretty good ideas now, don't they? I said shorting the OIH at 82 didn't look like a good idea at the time. Funny thing, with OIH at 98.99 it still doesn't look like a good idea. Is now the time to short OIH? Well, we can expect a little round number resistance at 100, but we're right in the middle of a strong rising channel. No, not a good idea. But you could make some good, reasonable risk money legging into call spreads on OIH or constituent stocks. No guarantees, but that would be putting the probabilities at your back. You can make up all kinds of percentage gains, Profile, after all this is cyberspace. Kb