Replies to post #3051 on Trading with Jerry Olson

[Jerry Olson]

Morning traders

we are having an open house this week...come join the #1 best real time room on the internet..we are already long the asia nets this am, and shorted vrtx too...

while others are seeking a large selloff i am not.

we may consolidate and drift lower thru the 1st week of March...but i would not hold shorts overnight...scalping is fine...

as for averaging down on any longs, i do not recommend doing that...as for me i am a different animal...i have the time to wait for what i deem good risk reward..heck i'm holding a ton of core stocks for a long time now that i will not sell..I just keep writing covered calls to rake in very nice premiums over the year...makes me and others smile..

so stop worring about any large correction yet..it's not going to happen...