Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (11026)	11/1/2002 1:52:08 PM
From: mishedlo	Read Replies (1) of 57110

Right now there is no short term trend IMO (other than naz garbage stuuff below 5-6 bucks is running like mad). Otherwise, almost every stock, one by one runs up to resistance and either stalls or drops a bit, then we repeat. I hope to F we are right cause I am nuclear short right now. IMO the longer this continues, the steeper the ultimate drop (IF we are correct in that this is massive distribution). I believe it is, but like you I am not exactly happy with how things have playeed out. A few stocks like GT have helped me keep my sanity but onece again IBM is kicking my ass. M

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