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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Boplicity who wrote (10042)10/26/2000 6:06:57 PM
From: RocketMan  Read Replies (1) of 65232
 
You must have blinked and you missed the trend :-)
Look at this
finance.yahoo.com^IXIC&d=1d

Note that after the usual morning head fake they shorted the naz down heavily until 10:30. Then they tried it again right after lunch, but this time they were not as successful, the slope of the downtrend was not as steep. Right after 2 the shorters ran out of steam and began covering. That is when I bought qqq calls.

Let me know if I can analyze any other charts retroactively, I am known to be 100% accurate at this type of chart reading.
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