All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: Monty Lenard who wrote (34996)	5/23/2000 10:13:00 PM
From: pater tenebrarum	Read Replies (1) of 42523

i almost covered a QQQ short position i have on in yesterday's turnaround. luckily i smelled a rat when i looked at the volume on that rally, and the weak a/d stats that went with it. that said, the NAZ is getting pretty close to yet another major support trendline here. so it's probably indicated to stay nimble, depending on how it deals with this support line. from a historic perspective, previous crash-like declines have often not stopped before the market plummeted below the lower end of the congestion zone from which the blow-off stage was launched.

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