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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: sun-tzu who wrote (136190)11/29/2001 7:17:14 AM
From: sun-tzu  Read Replies (1) of 436258
 
From Rev Shark...

<Looks like I got what I wanted now. A pretty solid pullback on good volume. Sometimes the plan really does work. That big pile of cash is looking pretty good now.

So now the big question is when do the buyers step up and will they be met with a heavy onslaught from the bears? The indices haven't quite tested the nearest support levels but are fairly close. The Semiconductor Index (SOX) rolled over nicely and can complete a double top formation by taking out the 490 level.

Overall looks pretty gloomy out there at the moment, which is just what we need to set up for another run into the end of the year.

Nothing much has changed for me; I'm net short and heavy cash. I'm looking forward to catching some reversals and am going to have to do some homework tonight and put together some watch lists.>
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