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To: eichler who wrote (432)	8/14/2001 9:28:24 PM
From: mishedlo	Read Replies (1) of 2290

This in particular touches something I have been pondering lately as far as why most of the threads (long-time favorites and I still like to read them so please don't take my comment as overly critical) I enjoy tend to be behind the curve. Keying off of trendlines, using candlesticks (so much meaning in those different candles!), and now following volume peaks and duration of periods between highs and lows, I'm finding that I'm catching or even anticipating the turns as they occur. I'm finding that many good market watchers wait until the move is well underway before they realize that a turn really has occurred. Unfortunately, in this current non-trending market condition, by the time the trader has decided the move is "real", much of the move has gone by and they are being set-up for the whip-saw effect. EXACTLY We just differ on where the market is heading. I shorted EBAY and BRCD on todays spike up. I BET DOWN. You were calling up. I did cover 1/2 my NVDA short for a profit today the rest is 2 points under water. Let's see how long the opening pop tomorrow lasts. Chips are still overbought relatively (at least many of them are) and the rest of the market can not rally to save its ass. They are defending chips as a last stand. Look at all the upgrades. Look at MU this AM. I bought 50 puts at the open on MU after covering a smaller position a couple days ago at 38. Pathetic non-bounce. IF (big IF cause everyone with a brain expects it) MU cracks 35 on a closing basis it is going to drop another 10 points in a hurry IMTO. I expected more from SEBL. It was not there. I took my point (should have been 1 1/2 but I was too damn slow) at the open. That's all there was. So NVDA and AMAT will open up tomorrow. I will take a swipe at both perhaps. We will see. M

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