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To: wmwmw who wrote (6806)7/8/2005 9:04:41 AM
From: robert b furman  Respond to of 12411
 
Hi NYTT,

That plus we are right on the verge of options expiration AND Q2 earnings get with the program starting monday.

It would be a pretty good surprise to see a summer rally in this most broadcasted "Weak" H1 0f 2005.

Time will tell.

Bob



To: wmwmw who wrote (6806)7/8/2005 10:28:31 AM
From: c_hl  Respond to of 12411
 
It was a totally big surprise to me.
I shorted at 1199 on Wed. Covered at 1182 and went long. Then I was planning to sell over 1190 and started shorting again.

I am glad I did not use full position to short later on in the afternoon, so I still kept 2/3 of the gain.

The downward spiral put a wall at 1207-8 ( ES ) for today.

Let's see if there is a selling coming in this afternoon.


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