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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (18066)10/25/2001 1:58:13 PM
From: JRI  Read Replies (1) of 209892
 
If we get that short-squeeze that you talking about...we will blow up thru 1730, 1740, and, if we don't take 1750 tomorrow big gap up IMO...it will be quite bullish, and 1800+ won't be a problem then IMO...

This morning was ugly...all Dow stocks red I believe....your "surge" scenario would make me think that we haven't begun the distribution top yet, and I don't believe that here...

We're making a market....I'll likely keep my bet at this 30% level....any more too risky for no meat...
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