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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (36134)1/6/1999 9:36:00 PM
From: BubbaFred  Read Replies (1) | Respond to of 94695
 
BB -
"forget rsi, obv, stochastics - Newsweek is where it's at "
But there was no such Newsweek story back in July - August, was there? I tend to agree with you on forgetting those TA's some of the time, and this is one of those times.



To: bobby beara who wrote (36134)1/6/1999 9:38:00 PM
From: Haim R. Branisteanu  Respond to of 94695
 
BB, you have some good points, I am still short out of money puts, the problem is that blow off tops come with wide participation and heavy volume.

Just remember there were all those people who SOLD shares to the BUYERS.

My suspicion is that the retail guy bought with both hands the tape was also full of 100, 200, 300, 500 shares yesterday and also today.

Hopping not ending up holding the stock long from my shorting of puts.

BWDIK
Haim


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