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


To: Jerry Olson who wrote (8888)3/23/1999 9:10:00 PM
From: dclapp  Read Replies (1) | Respond to of 99985
 
OJ,

At the risk of enriching someone who uses far too many caps and seems generally too excitable to properly husband large amounts of capital...

I enjoy shorting SPY periodically. It requires no stock-picking expertise, it moves like a torpid lizard, and allows me lots of time to average up/down without worrying that I'll lose the house while I'm in the shower.

If I were smarter and/or more ambitious or greedy I'd use more exotic methods. Come to think of it, I <<have used...>>...but life's too short to sit around price options all day :)




To: Jerry Olson who wrote (8888)3/23/1999 9:15:00 PM
From: Vitas  Read Replies (2) | Respond to of 99985
 
>>>we are making new highs in the DOW<<<

were, Jerry

I'm short spy from 130 7/8 and liking it

Frankly, I don't know if we get another "shot" at 10 k or not. If we do,
good luck guessing which 3 Dow stocks are going to carry it.

What I do know is that breaking that trendline represents breaking the back of the bull market that started in 94. You've had all the last gasps that can be delivered. And when they raid the whorehouse they take all the girls.

It ain't going to be pretty Jerry.

Vitas



To: Jerry Olson who wrote (8888)3/23/1999 9:42:00 PM
From: Jurgen  Read Replies (2) | Respond to of 99985
 
WHAT IS EVERYBODY DOING TO MAKE MONEY!!!!!!!!

Short BAX, FLR, EMR, AXP.
Long DELL - yep, bought some today at the close. Chart is ugly but i somewhat feel i owe Michael, he built my little machine and made me the money to pay for it.. <gg>

Jurgen