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


To: Jerry Olson who wrote (23768)2/23/1999 11:35:00 AM
From: Judy  Read Replies (1) | Respond to of 50167
 
Morning, Sweets

About daytrading the oex, something for you to mull over ...

I was aware of your hesitation last week on the knockdown of LU, CSCO, INTC, ORCL ... for a position trader it looked like the charts were going to hell in a handbasket. But for a daytrader or flipper, it was buy on the extreme dip due to expiration forces ... one does not watch and twiddle one's thumbs, if you get my drift.

Daytrading is a finely honed skilled, becomes second nature when to pull the trigger. The skills and psychology are much different than position trading, and there will be some interference in your thinking. Index options are touchier than stock options, make sure it fits your trading temperment to daytrade them.

ORCL and BMY, again.



To: Jerry Olson who wrote (23768)2/23/1999 12:41:00 PM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
You are the Guru I am your follower, you bring light and happiness to this thread. I look forward to your coments and ofcourse Judy's.. I see your point and let me give you this small point 2382 on composite I am watching like a hawk, that has to be taken out if we take it out we are going to go to 2550 and on SPH 1328 I just refined my level. On 2382 if we break this on downside we go lower and test 1251 again. I would like to think we go upto this 1290-91 level test it probe it throughly and may pull back to 1252 area, however my experience tells me fwiw that 1215 to 1274 and if 1290 is tested we can and need to see that pull back to 1250. On break of 1290-91 area we go to that level of1328.. Enjoy and keep making my day. I will be in Paris towards end of March . OJ come over we will have good fun..