Message 18457794
geocities.com
well...since most of the day was hovering around positive...looks like this might turn into a bradley down bias for a few weeks...but of course since it started over 1400....you could dump now another 100 and ramp back up within the few weeks and as long as you went negative for the 2 weeks....it was a downtrend.....so it doesn't mean its a straight 2 week dump-a-thon....
from a none t/a point of view....i've seen sharp dumps like this happen before bigger ramps....the crooks force longs to puke up shares so they can load cheap....then when they have frighten longs and lathered up shorts....some type of news will hit for a huge gap up....the shorts will be trapped....and the longs end up buying higher and chasing again.....
this is the perfect window for the crooks to do this as next week the war news should heat up...
if i were them....i would shake it to 1270's and ramp it back to 1400's within a few days....that would cause the most carnage to shocked longs and toasted shorts....just a thought....<gg>
for those who forgot what huge gains look like on the long side....pull up charts on SINA...NTES...SOHU....REDF....PCNTF...one laggert CHINA broke out today.....or gold pennies...CALVF...CLHVF....GSS...
theres been long plays out there.....
one last chart....heres the crooks gulf war dump from jan 91.....then a gap and trap rally...that left longs chasing and had shorts dizzy....
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