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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: P.Prazeres who wrote (17464)4/27/1998 10:42:00 PM
From: Mike M2  Respond to of 94695
 
Paulo, nice calls. Mike



To: P.Prazeres who wrote (17464)4/28/1998 9:20:00 AM
From: James F. Hopkins  Respond to of 94695
 
Paulo; Your post have been exceptional good..and for the most
part you say things better than I do, also for the most part we
seem to have the same slant on the market, even if we get to it
in different ways.
I think the bounce today is a no brainer, but it will pop so fast
on the open that only the programs and floor traders will get
in before half the upside is gone. In short it will be to fast
for me to daytrade on the bounce.
I'm not going to buy in thinking this is over, at least not yet.
Getting in and out of BEARX I have to take the close of the day
so I'm staying in. I still see more downside before the week is
over..unless she gets back up to or above her Friday close I'm
still bearish.
Jim