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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Challo Jeregy who wrote (7395)3/3/1999 9:50:00 AM
From: Lee Lichterman III  Respond to of 99985
 
I did also. "this is not a recommendation to buy or sell . . ." Also my system is geared towards options so I only look for quick strikes etc of about 5 points in movemnet of base stock price, especially when the longer term trends are against me. So this XOI I saw could be satisfied this morning since it is already up a couple points. I trade dead cat bounces etc as I am not picky. I am not by a long shot bullish on the sector but was willing to try and scalp a couple points off of it.

I actually have a call list of 2 things and a put list that is longer than my arm. <g> I love this bounce they are giving me for more entries.

Good Luck, Have to run now.

Lee