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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (575)	4/20/2001 4:05:06 PM
From: Shack	Read Replies (1) of 209892

JRI, I am holding puts through the weekend. I see lots of signs that many parts of the market are syncronized for a tumble. Counts are all looking complete, MSFT looks like it has put in a perfect a-b-c on the dailies going back to December. GE has retraced right to the 1994 trend line. The BKX especially weak today. P/C ratios are appallingly low. The US$, the COT reports..etc...... Argentina goes bankrupt, Quebec looks like it could be spooky too. Thats extraneous but it plays a part in my thinking. Yeah, I'm really fun at parties too.

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