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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: bdog who wrote (13164)3/11/1998 1:59:00 PM
From: Doug R  Read Replies (3) of 79237
 
bdog,

If the squeeze on ACRT is going to start, we'll know very soon. I don't think it unreasonable to expect a very large move on it considering how overzealous the shorts got. The technicals are starting to cascade breakouts up the indicator period ladder from the short to the intermediate term. Cool.

Doug R
PS, I wouldn't be surprised if mr pink was affilliated with one of those cheesy Coral Gables FL operations. I heard there was a hedge fund there that is heavily short ACRT. They are probably trying to cover at least a bit today.
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