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I agree with your point but I may not have made myself clear in that I was
thinking of only a very short term (a few minutes at most) long entry for a
quick few points. A perfect example just occured a few minutes ago.
----- Original Message -----
From: "Gerald Marisch" <gm@xxxxxxxxxxxxx>
To: "Randall Kurzon" <rkurzon@xxxxxxxxxxxxxx>; "Omega-list"
<omega-list@xxxxxxxxxx>
Sent: Thursday, October 26, 2000 10:22
Subject: Re: Limit Down Bounce
> 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
> >
> >
>
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