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To: Lucretius who wrote (4830)7/20/2000 4:59:45 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
that's interesting...we also had a very high TRIN all day long.



To: Lucretius who wrote (4830)7/20/2000 6:18:22 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
geez...did you see how they ramped the spoo into the close...that one looks awfully bullish on a 10-min. chart now. i guess tomorrow the rally will continue.

i'd hate to see us rallying into the next cycle turning point...that's 5 weeks away. but we'll have to be alert for a possible inversion. if the most recent highs get taken out, it's plain sailing for the market.

it seems the commercials are fighting the greenjeans clownbux machine to no avail...so far they have piled on even more shorts, but if they get forced into covering we could get a huge stop run. i'm sure there are lots of stops placed somewhere near current levels.



To: Lucretius who wrote (4830)7/20/2000 6:22:22 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
latest AAII bulls: 67 % (almost a record) bears: 12% (incredible...)

the bull/bear ratios are going off the charts everywhere...

why doesn't it help? -g-