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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Electric who wrote (15624)9/17/1998 11:32:00 AM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
I think the direction of the market will be flat for the balance of the day. In fact, I see us ending the week flat to slightly down. Favors says we have 4 more days left before the rally will have run its course. OF COURSE, that does NOT mean we will rally for 1,2, or 3 days, only that we COULD! So, I am not inclined to go long anything. I think I shall just observe, and think what might have been, had I held onto my puts! I've had a good week, but am annoyed at acting like an amateur. But this is why I love the market: I no of nothing-- except my efforts at Bach on the piano -- which humbles me more quickly and more thoroughly. That said, when do you think about buying Oct outs? Monday, Tuesday or is time not the issue?