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Strategies & Market Trends : LastShadow's Position Trading

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To: AlienTech who wrote (18987)8/7/1999 12:44:00 AM
From: Susan Saline  Read Replies (2) of 43080
 
>>>Because every one expects the events of last summer to take place currently, there will be many shorts betting on the market going down which will be trapped.<<<

look at the charts .... this is our October 1998 .... it has come early ... it caught many off gawrd .... expectations of a summer rally ... a summer rally that did not occur for the DOW ... the DOW went sideways all summer, since April, all of may june and July flat

the NAZ gave us a 2 week rally ... that was it ... ... the NAZ has a nice tail now ... on the daily chart

now look at mid-October .... ahhhh .... it will come early .... or we are dead meat ... hehe heh
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