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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (18067)10/25/2001 2:00:59 PM
From: marginmike  Read Replies (1) of 209892
 
I know you think I am a contrary indicator-g- but the markets just refuse to sell off with anything more then corrective action on viciously bad news. It stinks of to much money floating arround looking for a home, much like 1999(nov)-to 2000(march). I am taking a bite out of the move, if I wasnt so long term bearish id be longer. Id point out if you look at the candelstick chart of naz that the last BIG stick actually made two highs above top of the stick before it declined.
stockcharts.com

Again I am having steller day after pretty bad month.
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