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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (12163)	9/5/2001 3:36:04 PM
From: JRI	Read Replies (1) of 209892

I think these short-covering intra-day rallies are sabotaging the bulls set-up at the double bottom.....bears are smarter this time, and will not get ooisked like in April...When we get there (1619 COMPX or so), there's not going to be a massive short-covering wind at bulls back....they'll get a little, but not a lot... The action of the last few days is reinforcing my view that we break the April bottom, and probably easier than anyone imagines (maybe one bounce?)

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