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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: virgil vancleave who wrote (3789)	1/12/1998 7:12:00 AM
From: VALUESPEC	Respond to of 7396

I shorted the s&p @ 927.70 last night when HK failed to ralley. I also lightened up on my stock position as I expected today to be potentially bad and didn't want to gamble on it not being bad. VALUESPEC valuespec.com

To: virgil vancleave who wrote (3789)	1/12/1998 8:31:00 AM
From: TATRADER	Read Replies (1) \| Respond to of 7396

virgil, right now I have 10 open short positions....I am considering a strategy of covering near 7000, then sitting in cash, and hoping to short again on a Bear market rally...Will implement my stochastic 9 day to determine when market becomes overbought, and then short again....This should be fun....Regards, Mark P.S. We still have 46% of financial advisors bullish...When that level gets down in the 30's, I may consider going to cash as well.... P.S.S. That Joe Granville call on Friday on CNBC was great....He saw a Head and Shoulders Bottom in the market...Can you believe it, after a 15 year bull market, he saw a bottom....