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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Michael Rich who wrote (22987)1/27/1999 9:15:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 50167
 
MIkey

that's exactly what i was talking about...i should have been more careful...trading shares should be sold into strength according to the way "I" feel about this indicator...it may not be the same for anyone else...

i have come to know and understand and respect this NYSEBP...it always foretells the direction of this market...it may NOT happen near term, and i don't think it will..we could run to new highs Mikey...wouldn't surprise me one bit, starting tommarrow...i fully expect a strong rally right now...

however all core holdings should not be sold...i think that should clear up my other statement...

there are factors based on P&F that tell me red blinking lights are now eveident..and caution is the key...take profits and trade hard, hits & runs, flip, scalp, etc...

weve been thru this before, and will again...right now for ME, this is a great reason to cash in...100%...the wife and I are headed for 10 days to St. Maarten, and what a nice excuse to say goodbye before we leave on the 8th of Feb...

i'll continue to trade in and out, i need the money......hehehhe....



To: Michael Rich who wrote (22987)1/27/1999 10:54:00 PM
From: SFW  Read Replies (2) | Respond to of 50167
 
Michael,

RMBS: does the late selloff raise concerns? Charts show large block sells in the last 30 min. or so. Can you confirm?