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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: stan s. who wrote (37841)5/11/1999 2:55:00 PM
From: stan s.  Read Replies (3) of 90042
 
PAIR, I'd be interested to know why so many thread members dumped PAIR yesterday. Didn't come close to breaking support, still riding the up trend line fresh off the triangle break. Even the extra sensitive volume adjusted MA's (top box) are still in the buy mode.
geocities.com

Just curious, I can see why a day trader would've dumped it and I do my share of that. Admittedly some of the momentum indicators turned down some. This thread doesn't seem to have quite that mindset though.

It it just the fear that with no deal announced that it might tank??

As I said, no criticism, I could dump it any second as well, just wonder what turned so many skittish...

Stan
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