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Zeev Hed

08/15/02 9:38 PM

#16093 RE: jdaasoc #16090

I'll try to play the volatility tomorrow, I expect a down day, maybe with a weak lunch hour rise and actually a fade at the end of the day, if we close just a little lower, then I would expect early next week for the weakness to continue for a day or two, if we close sharply lower, I would expect next week to be the inverse (and then deploy more into the close). At this point I still think that the retrenchment will be mild (first target just above 1300, but if 1296 is breached maybe a continuation for another visit to 1263 ) and not lasting much more than the middle of next week.

Zeev

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WinLoseOrDraw

08/15/02 9:39 PM

#16094 RE: jdaasoc #16090

you're right, these steroid-runs (in either direction) are brutal if you're looking to maximize the run but have to leave your desk to get a cup of coffee or something. what is working for me is to pay extra-extra attention to the entry point and then bail on predetermined (and not-greedy) exit points. end up leaving cash on the table, but still managing to pocket some for myself.