Zeev's Turnips - No Politics Message Board

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

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To: Mike M who wrote (65261)	5/10/2002 11:58:38 AM
From: LTK007	Read Replies (1) of 99280

<I believe we will have an interesting summer rally.> all depends on how low we get before summer time. But the manipulated one day wonder short-covering rallies only delay a sustained rally. If it wasn't for Wednesday's ludicrous event i could well be saying to intermediate term swing players, load up NOW. For an intermediate term swing player like me the falsely manufactured one day events are admittedly quite frustrating. Going into Wednesday we were right on the collapse point. This has been the 2nd time in past weeks this has happened. It is like last year when we went through this the bulls were mistakenly seeing it as accumulation(it ws in fact distribution) however tanko followed. The same is going on now, a prolonged distribution as the big money holds the line until they say NOW, let it drop. I am in FULL agreement with Mishhedlo on this matter.PaxMax

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