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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (17720)9/1/1998 8:57:00 PM
From: j g cordes  Read Replies (1) | Respond to of 70341
 
Yes Jenna and I'm pleased as punch since I got in near the lows.. its still missing any significant upgrades on valuation but I'll just have to hold on for awhile.

How'd you do today? Sometimes I wonder why I don't luck out and buy a call or put at a 1/4 and end up selling it at 12 or 16... which was possible over the last month. Just never thought it could happen so fast or so far.. <g>

Normally a dive like Monday will retrace about half then work with half of that again. Tomorrow we could have a 210 point intraday swing.. I'd guess without any news spoiling the soup, we'll be up for a rebuff at 8006, then close +- the 7960-80 area.. we could also be down 50 briefly intraday.

Projections... what's it matter until the action starts, they're just parenthesies to compare with developing realities.

See you tomorrow... time for a beer and some fresh peaches over vanila ice cream.

Jim



To: Jenna who wrote (17720)9/1/1998 9:25:00 PM
From: Lachesis Atropos  Read Replies (2) | Respond to of 70341
 
MRVC is in the cross hairs of Mr.Pink and some pinkophiles. A few of SI's favorite stocks to short appear to have good recoil.

Pinks posts on MRVC
Message 5623352
Message 5620796
Message 5611514

Lachesis