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


To: mattie who wrote (18645)12/3/1998 2:16:00 PM
From: Clint E.  Respond to of 69296
 
>>> Are you doing any buying here?

Since I am at work, I went with something safe again. I bot MER back at 70-1/2 and JPM at 107-1/2. I also bot UNPH this morning at 61-3/8.

I am looking at rmbs right now.

Clint



To: mattie who wrote (18645)12/3/1998 2:24:00 PM
From: Clint E.  Read Replies (1) | Respond to of 69296
 
I'll pass on rmbs. too volatile for me up here.........



To: mattie who wrote (18645)12/3/1998 2:45:00 PM
From: Clint E.  Respond to of 69296
 
we just had our last intraday spike low. in the next ten minutes, they should pull the dow back above 9000. now at 8961.

i'll bail out if we don't reverse........i know many will.....many are looking for a turnaround by 3 pm.



To: mattie who wrote (18645)12/3/1998 2:57:00 PM
From: Clint E.  Respond to of 69296
 
Mattie, you know what the market reminds me of? When we were kids we played this guessing game. We would hide a coin in one hand and ask the other person to guess which hand has the coin. You guys play the same game here too.

Anyway, the intraday action of the market is like that "which hand guessing game". You have to constantly guess which hand is full and which hand is empty.

Have a 3 pm meeting.

later;

Clint