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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Cynic 2005 who wrote (8305)11/17/1997 4:32:00 PM
From: Greg Jung  Read Replies (1) | Respond to of 18056
 
"Market's Crash Destroys Trader"

This can happen on either side.

By David Segal
Washington Post Staff Writer
Monday, November 17, 1997; Page A01
The Washington Post

"Until the stock market plunged on Oct. 27, Victor Niederhoffer was on a winning streak that had lasted more than 30 years. "

(Now it has NAV=0)"

washingtonpost.com



To: Cynic 2005 who wrote (8305)11/17/1997 4:40:00 PM
From: Joseph G.  Respond to of 18056
 
Mohan, <<From what I learnt, it is a sell signal.>>
Clarification: longer-term sell signal. As opposed to day-trading, or short-term.

Joe



To: Cynic 2005 who wrote (8305)11/17/1997 7:13:00 PM
From: Barbara Barry  Respond to of 18056
 
Mohan,
I agree..again. But as I have said, let those puts come to you if you can watch tick by tick. I thought it interesting to check the large block transactions last week in Barron's..more volume on downticks...hmmmm?Oex at a critical area around 50 and 30 day moving average...soooo I want to see if it can take out around the 915 level...give or take a point.
Thanks for your input!

Barbara