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Strategies & Market Trends : Rande Is . . . HOME

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To: rocklobster who wrote (43560)12/15/2000 10:44:48 AM
From: Rande Is  Read Replies (2) of 57584
 
Rock, you are correct in your understanding and reading of the DML. Yes, Wednesday could have been the set-up spike. And yes, Wednesday, yesterday and today's lows could be contributing to the margin liquidation squeeze. This would imply that today and Monday will see lows in the late afternoon.

Glad I didn't cover any of my shorts.

GOOD WORK, Rock!! And thanks for jumping up and down to get my attention. I am under quite a number of deadlines this week. . . and things keep popping up to steal away my time.

Rande Is

PS> ...sell off into the FOMC meeting and rally afterwards.. If we get confirmation today of 4DML, you could be absolutely correct!! Again, thanks for the assist.
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