Haim, yes we have entered the loonie zone of stoopid spekulators with that put/call ratio, LaVerne charts very nicely show were we are in the scheme of things.
again we failed to follow thru and take out the downtrendline of the spx, it remains in a bear trend until that trendline is taken out, and we printed a 2 billion share doji on the nasdaq, that could have been the top, we'll see, i have what looks like could be close to completed 5 wave count in rambus and xla, the rambus situation reminds of the qcom situation in late december even a coincident 4-1 stock split.
everybody seemed to put 6000 in the bag today, even makempoora -g-
what was even more interesting was the follow thru selling in PG, no buyers even after that drop???
they sold the news on cmgi . . . aol and yahoo couldn't break out , but ebay did, so the final breakout sector, the DOT is acting a little suspect.
this stoopid spekulator went short today and i'll average in if we go higher, but fridays have usually been pretty good days to sell recently -g-
b |
