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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (21686)6/23/1999 6:13:00 PM
From: Iris Shih  Read Replies (2) | Respond to of 69835
 
Clint,

I shouldn't have gone to dr's at the last half hour of trading. Yhoo has a good looking chart with nice volume. Many internuts' charts look like inverted H&S. They are now pulling down to form the right shoulder. They are preparing one more rally you are expecting before yhoo's earning. Even amzn looks interesting. Just needs more volume.

Interest rate noise everywhere. It confuses me a lot.
biz.yahoo.com

Found this from other thread:
Cramer's comment on the late rally:
People keep whipping around this NDX like it's a kite. Earlier today big hedge
funds came in and bought puts all over it and its SPX brethren. Then they spread
word that a 50-basis-point rise was coming.

But they didn't get a chance to blow out the puts or cover their
shorts. In fact, they got slammed upside the head when Ron
Insana boldly blew the cover off their schemes. Directly and with precision.

This is a traders' market like you said. I just love it!

Irs