Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (46651)	4/3/2002 10:19:50 PM
From: Jim@Inland	Read Replies (1) of 99280

I'm not sure I see the fake breakout on the double tops in Dec. Jan, however I do agree that it's hard to believe an inverted H&S pattern could lead to substantially higher prices in QLGC with all the bearishness. Also the fake breakout with this double top is clear. However with the ever increasing short interest, and the fact that QLGC was strong all day, holding a lower trendline that is trending up, I wouldn't be surprised to see it test the neckline again before heading south. I scalped qlgc for a buck today short, but buying to cover was like buying a stock with no float. Good luck tomorrow Zeev Jim

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