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To: JohnG who wrote (39996)9/7/1999 11:21:00 PM
From: Jim Willie CB  Respond to of 152472
 
JohnG, not at all, very naive of you
TA produces vulnerable states within the price equilibrium... you should know better, and of course you do... bait me, will ye?

the resultant vulnerability allows for manipulators to enter the picture and wreck minor havoc

the object of the game is for brokerage houses to profit... they profit from moves up or down... when overbought, they are allowed at arm's length to collude toward (unexpected) negative stories... Korean lost demand in May? yeah, right... handset margin erosion? sure, harmful despite rising volume... when oversold, they may collude toward (unexpected) positives... they profit on price moves... overbought means easily sold off... oversold means easily pushed up

apart from any collusion or control lie the unconscious traders who just think it has gotten ahead of itself up or down... their contributions are amplified by manipulators

right now the vulnerability is being short... do you really believe brokerages and dipshit twobit Everens are gonna back off from loading up and producing a new perspective, with additional analysis, with new data, fresh recommendations in the face of current prices, lowered multiples, changed outlooks, all the brokerspeak gobblygook?????

no way... GC is a worried puppy with this shorts pulled halfway down to his knees... other shorts will soon cover as they feel the strength of this support line at 160 with a 50day moving average fortifying

get ready for the changed tune coming your way... if the badboys cannot make money going down, or if they give up trying to purchase at cheaper levels, they will begin to cover, begin to add to positions, and begin building paper gains

this is a game... TA only points out the bounces... if a ball is thrown skyward, it is not a news story that sends it back to earth... it is gravity... gravity in our case is value, growth, dominance, future profits, AND CDMA TAKING NO PRISONERS

/ jim willie