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To: pater tenebrarum who wrote (26350)10/10/2000 3:24:25 PM
From: chic_hearne  Read Replies (1) | Respond to of 436258
 
...seems a late ramp is in the works.

This is where we find out how much power the dip buyers have.

Any trader getting long ahead of YHOO earnings is in need of some time off, or they know way more than I do.



To: pater tenebrarum who wrote (26350)10/10/2000 3:28:39 PM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
Well, my issuance of a "Bye-Bye Avoid" rating is not done whimsically, so I am heartened that you concur. -g

Speaking of air-pockets... Been watching the little jack Russell's today. Check out the weekly for example.



To: pater tenebrarum who wrote (26350)10/10/2000 3:35:54 PM
From: Perspective  Read Replies (1) | Respond to of 436258
 
<someone just discovered the spoos are offering value here...seems a late ramp is in the works.>

No worries, mate. Spoos have now established solid overhead resistance at 1400. They may be cooked and good.

This is so wild actually having overhead resistance to reject the bulls now. Been a long time since that's happened. Kinda nice having the resistance areas around; makes for convenient short entry and exit targets, something that is hard to come by when you're just trying to pick a top in something overvalued 10X that is taking on water...

Hmm - more limit buys than sells at yesterday's low on the Naz? We may actually be starting to interest some traders on the long side now. Watching to see if a double-bottom can develop. Think I'll add more shorts if the close breaks the low again, though.

BC