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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (3326)9/27/1998 9:32:00 AM
From: freelyhovering  Read Replies (1) | Respond to of 59879
 
Mark--As per your interest in gold and oil stocks, are you still bullish on GLM? Myron



To: TATRADER who wrote (3326)9/27/1998 9:49:00 AM
From: sandbag  Read Replies (1) | Respond to of 59879
 
Mark,

Thank you for sharing your market sentiments. Can I impose upon you to share your thoughts on KO in the short term (1-2 weeks). I know it is out of your trading price range and as you said, you will only be trading gold and selected stocks.
I was hoping you could just confirm a few things fo me by taking a very quick look at the charts.
KO appears to have support at the current 54-56 level. It is in a definative down trend. In going with the thoughts of your previous posts (if I read it correctly), I also believe we will be showing bear movements within a week. I bought Oct 50 puts on them and hoping for a downside as far as 48 minimum before then.
Can you confirm or enlighten me in this area? Any info would help.

As always, only if you have the time.
Best
Sandbag

PS I know KO is a Wall Street love affair, but even these go down.



To: TATRADER who wrote (3326)9/27/1998 10:28:00 AM
From: Greg Butcher  Read Replies (1) | Respond to of 59879
 
Hi Mark and others..would like to put in a vote for a SHORT...(AN)..Amoco) is very very over bought and shes on her way down... any thoughts?????



To: TATRADER who wrote (3326)9/27/1998 6:03:00 PM
From: Dan Lisman  Read Replies (1) | Respond to of 59879
 
"Soon" may be Monday. German DAX ( ^GDAX ) will be leading the DOW and setting direction for Gold on Monday.

"BONN (Reuters) - Gerhard Schroeder ended an era in European politics by ousting Germany's veteran chancellor Helmut Kohl Sunday"
dailynews.yahoo.com

Don't know if this news is "good" or "bad" for German people, but it IS Unexpected. And our markets HATE UNEXPECTED.

Go ASL gold.
Dan