Replies to post #690 on Market Sense and Sentiment (MKTSS)

[bbgold]

Hi Leapyear! I take it that you have no faith in the January Affect carrying into the end of January? <GG> Frankly, neither do I. It makes me wonder a bit why I sold my Put position and entered a Call position. Short term it looks as though we may see that bounce though. Anticipation of another rate cut May give the markets support into the end of the month, maybe. I hope that the markets give me a Great Big bounce so that I can profit on my Calls and Then load up on Puts.

Happy Trading Leapyear and Continued Good Luck! :^)

[Bernard Ng]

Hi leapyear, this is exactly what I think about DOW after it reaches 10k again... however if I draw a line at 10k, and buy the calls now, if it break 10k, I can trail it from there (somehow, we are still in the bull trend), else, sell the call... my game plan.

[Expecting a short term bounce then the massacre begins.]
ggg

signed,
Bernard