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Strategies & Market Trends : NetCurrents NTCS

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To: Teresa Lo who wrote (179)	10/3/2000 12:39:27 PM
From: Patrick Slevin	Read Replies (1) of 8925

<some sort of hearing/investigation that cleared short selling in the end?> Most likely the failure of the original committee, the one set up by Hoover under the auspices of the Senate Banking and Currency Committee, to make headway as even the press ridiculed it's unsuccessful pursuit of evidence of a conspiracy to drive prices lower. Hoover claimed that "real values" were being destroyed by bear raids when in fact the value was not there in the first place. However, a subcommittee of this led to Glass-Steagall, and during the encroaching Depression it was easy to believe in canards. Whoops, almost 68.....time to decide. See you later, -------------------------------------------------- Yes, the compression that we discussed (as you pointed out in a recent chart link) seems to be ready for resolution. I like it higher after AG but only because I never Short when AG is ready to speak. 1480 is close to mine, I sort of like the 1476, 77ish area. Nice channel chart, I use them occasionally for targets during intraday trading. Nope. Except for occasionally stopping into your site I have not participated in a chat room at all. I think the reason is that I'm too busy.

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