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


To: Johnny Canuck who wrote (26943)6/7/2000 3:12:00 PM
From: shasta23  Read Replies (1) | Respond to of 68426
 
HI HARRY!

Not off to the tracks yet. Thanks for the "warning". Yes i can feel too that "the market" wants to go up. Must be those people who control the money who loaded up the last week(s) who want the market to go higher.
Actually i have a question: is it just me perceiving the manipulation more clearly now or are these sudden moves- which i call manipulation but in the end are just expression of buying power- now more frequent?
Like i said in an older post, i have not yet adapted to the increased volatility and feel uncomfortable with the magnitude of these moves. That's a learning process i will have to go through. It has certainly something to do with my risk aversion and i started to change my database slightly eliminating high fliers which i study but in the end never trade because i can't deal with the moves in stocks like AETH etc. It might be better for me to trade lower volatility stocks than stand aside watching the high fliers.

Stefan

p.s.some of the specialty semis like AMCC and RFMD could not really benefit from the rally in the NAZ and continue to slide. I know you like AMCC and just wanted to let you know that Trader DAVE(like to read his FA takes and feel that his analysis is good/caution though since i don't know much about FA) thought that the NT news are actually good news for AMCC and that the sell off might be a buying opportunity