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


To: Death Sphincter who wrote (38774)3/19/1999 2:44:00 PM
From: Arik T.G.  Respond to of 94695
 
NDX never took the 2/1 high. Getting ready to lead the market down again?

ATG



To: Death Sphincter who wrote (38774)3/19/1999 4:40:00 PM
From: Bull RidaH  Read Replies (1) | Respond to of 94695
 
Sultan of Stink,

Well, that did it!! It's over... Sword in the heart... This bulls dead for now... Prepare to feast on it's stinking, rotting corpse!! <g> Markets don't recover from a day like today. All index futures contracts gapped above yesterday's high and closed deeper than 50% into the bodies of yesterday's candlestick, generating a "dark cloud cover" signal. This is the MOST reliable daily candlestick pattern.

I closed out all longs and went short on the close.

And once again, you nailed it within a point! You da man!! ;o)

Which stocks did ya nail? I just loaded up on oex puts for now... Will research over the weekend for stock puts, or i might just ride your coattails! <g>

Regards,

David



To: Death Sphincter who wrote (38774)3/19/1999 5:00:00 PM
From: Vitas  Read Replies (1) | Respond to of 94695
 
Greeny is an e-waver:

"History tells us that sharp reversals in confidence happen abruptly,
most often with little advance notice. They are self-reinforcing
processes that can compress into a very short time period. Panic market reactions are characterized by a dramatic shift to maximize short term value, and are an extension of human behavior that manifests itself in all forms of human interaction - a set of responses that does not seem to have changed over the generations. I defy anyone to distinguish a speculative price pattern for 1999 from one for 1899 if the charts specify neither the dates nor the levels of the prices."

I shorted the break of the 1313.10 trendline

This is going to be reeeeeeeeel good.

Vitas