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Re: Limit Down Bounce



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Yea - I have a comment.

DON'T!!!!!!!

Let the "big boys" in New York and Chicago, settle down the market (like
water seeking its own level) before us little guys try trading.

"They" have more money and influence than you and I - unless you have "deep
pockets" and like to take excessive risks with your money.

In a "limit" situation, "follow" - don't "lead".


----- Original Message -----
From: "Randall Kurzon" <rkurzon@xxxxxxxxxxxxxx>
To: "Omega-list" <omega-list@xxxxxxxxxx>
Sent: Thursday, October 26, 2000 9:38 AM
Subject: Limit Down Bounce


> I have noticed that almost every time the SP or the ND are halted at limit
> down it is followed by a bounce. I've been watching that for the last 5
> years and as far as I can remember there have been very, very few times it
> does not bounce. Any comments as to the reliability of entering a position
> right after the market starts trading again from limit down?
>
> Randall
>
>