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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: dvdw© who wrote (17293)6/9/2003 11:32:38 PM
From: Dan Duchardt  Read Replies (1) of 19219
 
Isn't the real question when do the boyz begin to restock their shelves? What you say makes a lot of sense. They accumulated low and are now selling much higher. Seems to me the last thing they want to do is accumulate again without first driving the prices down to shake out the folks they have been selling to of late. I don't think they will accomplish that with a few sudden moves down that barely last one trading session before another rally sets in.

I don't claim to know when it will start, but I expect those who have been buying into this latest ramp up are going to feel some pain for more than a few days at a time, and probably enough to start unloading shares as the boyz suck up shares at discount prices once again.
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