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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (20260)9/21/2000 10:26:06 AM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
I just hate it when I don;t have time for morning prep. I have a rule that when this happens I am not allowed to trade for the first 1/2 hour -- always a dangerous period for a scalper, but especially so when prep is incomplete.

I broke this rule. So much to learn; so little time. -g

I keep waiting for a decent pop to position short. Still waiting.
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XMI is pointing up, but is being rejected by the uptrend of Mar/00 to Jul/00 that it closed under yesterday. This will crack when/if DOW goes red imo.



To: pater tenebrarum who wrote (20260)9/21/2000 10:32:25 AM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
one of the clown juggernauts is CIEN as you know. Take a look at the *weekly*.

Top line: Jul/98 -> Feb/00
Bot line: Oct/98 -> Oct/99 (and upturn from Oct/99->May/00

BIG wedge. It is very close to the apex and is up against top line this week. Hard to even consider that it could get over this top line -- guess I can always use a vertical line as the trend line. -g


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