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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (72329)4/28/2003 2:50:52 PM
From: The Freep  Read Replies (2) of 209892
 
I guess it's all about timeframes again, AA. Anyone who shorted at the Dow triple top is still in profit (unless they shorted bios <g>) if they chose to hold til now. Anyone who closed Friday after a nice pullback or who stopped out today on this reversal made some good money, unless they shorted bios. Those who shorted the NDX then did okay, and those who shorted the SMH did mighty fine.

I still see your Big C, and two things that support it strongly, to me, are the QQQ put position and most importantly the lack of downward price movement. I also agree that if this is the Big C... we should romp tomorrow or even this last hour. We'll see.

the freep
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