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To: GROUND ZERO™ who wrote (8405)11/12/1998 2:00:00 PM
From: SE  Respond to of 44573
 
On a short term buy, but there was just a +28 TIKI. I expect a slight pull-back to 23.50/24.00 and then another attempt at hitting 26.00. I think that is the point to look to get short for an afternoon sell-off.



To: GROUND ZERO™ who wrote (8405)11/12/1998 2:07:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
I'm going to set up another shot, perhaps 2:15 may be a good time.

Or anything between 25 and 26...preferably closer to 26.

A pullback could be powerful and I wish to be aboard. I don't mind risking a few points the other way if I am wrong....risk / reward and all that junk.



To: GROUND ZERO™ who wrote (8405)11/12/1998 2:12:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
GZ, I think that you've got the scenario down pat

It's going to do something dramatic one way or the other

At this point, I think that the odds favor the downside

Patrick's right in that if they take out today's low then we'll probably see a sharp sell-off.