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


To: jjs_ynot who wrote (14811)5/24/1999 6:44:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 99985
 
Well The plans are like A B C & D , and I'm not sure with one
I'll use <G> The market will dictate that..I intend to hold
the UOPIX and or add to it if we fall more..the unwind part
will be the qqq , as if we don't bounce by 10:30 I dump &
go short on her until I see some upside, letting the short offset
my long UOPIX , if it's a gap down then I double up on the
UOPIX for sure.
I'm not bullish but feel some money will come in if only to protect
derivative positions until they can unwind them.
It may take a day or two, & also depends on if they get enough
shorts to squeeze.
Keep some dry powder.
Jim