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Re: Bernard Ng post# 16665

Friday, 02/06/2004 3:52:34 PM

Friday, February 06, 2004 3:52:34 PM

Post# of 18894
Hi Bernard
Just checking in before the close. Wow, bad luck on ORCL. What's wrong with that stock? Markets tapping 10600 here looks like a HOD at EOD and Resistance but could be Bullish for Monday anyway. I took a double on some IACI 35 Calls rather than holding for More on Monday. Mr. Greed wanted More but I will be Safe. Holding some 27.50 Puts for possible downside now. Waay OTM and not a Jenna trade.

Anyway, Monday might be a 'buy the dip' day down to 10500 and QQQ 36.50, maybe. Anticipating a correction before Max Pain Wednesday rally to take us higher through expiration, maybe retesting 10700 and 39, maybe. Just Speculation as the Plan is looking Bullish again.
Have a Wonderful Weekend Bernard! Sincerely, Bob :^)


Good Luck to All! :^)

PLAN the TRADE and TRADE the PLAN!


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