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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (23719)	12/4/2001 3:08:11 PM
From: JRI	Read Replies (1) of 209892

Did the distribution of last 3 weeks just become the pause that refreshes? I've been getting worried the last couple days..my short brethen just way too confident about upcoming turn date, that the distribution top is in, blah, blah....the same shorters (who will go nameless, but they tend to write in all caps-edit, not Unbelievable ng) who were yelling "the market's overvalued" at every lower channel line touch have been back at it again lately.. Me, I've been yelling the market's overvalued all year, so I don't count-g I wouldn't be surprised to see a pullback from the 200 DMA for a few minutes, but pressure will be on shorts going into close, and I think we gain back anything we may lose.

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