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Non-Tech : Raptor's Den

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To: GREENLAW4-7 who wrote (9365)3/22/2003 9:08:27 AM
From: Paul A  Read Replies (2) of 10157
 
oh man.. politics everywhere- cant get away from it! not even on my favorite lurk thread : )

Greenlaw- The close on Friday looked like capitulation as the bears didnt want to hold into the weekend, and the longs just kept buying in anticipation of a weekend that will probably see the conclusion of the war IMO..

This capitulation Im hoping is what Velo sees, and also Zeev as they are the last two TA folks that seem to think that we are right at the top and very close to a hard move down.. I think the overshoot can be excused possibly because lets face it- with war there is so much uncertaintity.. and everyone believed we would have no real problems, but it just took a few to get the ball rolling and that turned into the mother of all squeezes.. It all came together so perfectly and anyone who read that and went long this week deserves alot of credit..

I sure played it the wrong way.. not the first time tho : )
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