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To: Evolution who wrote (71033)8/16/2000 3:56:52 PM
From: Roebear  Read Replies (2) | Respond to of 95453
 
Evolution,
I don't want to spoil it, by messing up the SI indicator, but while I would expect a pullback normally, this breakout on bad news API's could just keep on going.

I'm afraid all my cash is spent on laggards, though I did also add considerably to my gold stocks and still have margin to go on, possibly.

Best Regards,

Roebear



To: Evolution who wrote (71033)8/16/2000 4:19:10 PM
From: isopatch  Respond to of 95453
 
Good point Evolution. But not just here. Am seeing a lot or skepticism and disbelief about this rally on other threads as well.

And yes, that is another bullish sign on top strong action in OSX, XNG and XOI today after a very uninspiring API report.

Have seen this kind of rally rejection many many times before in the early stages of the more powerful intermediate term up legs. Am 85-90% invested and just letting my horses run till the TA and sentiment start to roll over. No sign of that yet. So it's steady as she goes.

Isopatch



To: Evolution who wrote (71033)8/16/2000 5:06:17 PM
From: Warpfactor  Read Replies (1) | Respond to of 95453
 
Hi Evo,

Looks like many of the traders outsmarted themselves today.
Maybe I'm one of them, I just cut loose RIG at 58. Still plenty of firepower left though.

Warp