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Pastimes : bear klowns destroyed vs 3
GE 309.46-0.4%3:50 PM EST
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To: bobby beara who wrote (25)8/16/2002 11:05:43 AM
From: ru2  Read Replies (3) of 169
 
OH Man! What a difference an ounce of Aspirin in Orange Juice makes. The screen is standing still. I like it when dat happens.

a whole bunch of stocks rallied into gaps today, and i have five waves up on the techs from the 8/6 bottom on the 60 min chart.

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I see dat on Qcom and even JNPR. Can you get a clean count on CSCO on da 60 min? VSH still in NoWAVO land, UH at least I think.

The rising wedge on da DOW seems pretty clear. Maybe to clear. Then I go to da S&P and look at dat wedge and wunda, is dat an abc correction ( I ain't got a clean count on da S&P on da way down ) or are we getting ready to do a 3 o 3? But I don't see dat on any Dell CSCO on JNPR. If we did gap up hard out of da wedge and Puked buckets O' Luc immediately der afta what would Prettcher call dat?

i doubt that it breaks out here, i suspect we pullback and continue to either base or consolidate for a new leg down. ===========================================

U know more about weather zee ecomomie will support a new bull than I do, but I think that between now and the Zone around 9/11 world polotics are a major markid factah. You made a comment about breaking the 98 lows meant that investors were likely to revalue stocks. If you was serious about that I don't think we base for long, we go up O down. Then again I don't know squat about fundamentals or how mutual funds think.

What was your take on the Rydo leveraged funds around the 7/24 Bottom?
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