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To: Moominoid who wrote (132500)5/7/2006 10:41:38 AM
From: skinowski  Respond to of 209892
 
Yes, some counts certainly look "fit" for a final move. But the Friday's stick is also "fit" as a potential takeoff for a manic vertical rise - the "hound" that Shack was talking about for a long time. I have some leap puts - but that's the extent of the risk that I am willing to take at this time on the short side. The next meaningful move is more likely to be to the downside, but a period of bullish euphoria is not out of the question, I think.


As a trader, I don't always believe what I think.... -g