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Strategies & Market Trends : Classic TA Workplace

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To: Jerry Olson who wrote (79279)	8/18/2003 10:10:52 PM
From: Henry J Costanzo	Read Replies (1) of 209892

<<.........short sina ..........the chart is terrible............so is sohu... >> Agree we've seen some pretty hefty percentage declines these two over the past 3 weeks. But those pale in comparison with the percentage increases piled up for months now, and their retracements have been miniscule.... But my real problem is that your shorting comes just at the time when both stocks are technically showing signs of turnaround and resumption of their uptrends - which, in the longer time-frames, are still intact.......... ....As I was reviewing today's market after the close...... and before I read your comments......I had put both on my buy watch list .........g

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