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To: AllansAlias who wrote (86802)3/28/2001 11:22:12 AM
From: Perspective  Read Replies (2) | Respond to of 436258
 
<When you get a nice inverse H&S at the lows and it goes the other way, it is a powerful sign of weakness. A little early to make the call, but the Hound of the Baskervilles is at least sitting up now. >

Yes, that's because people like me who thought they smelled a sucker's rally, and wanted to play along, get whipped. <g> I'll waste no time ditching these hedges if Naz really does succeed in cracking through support here.

Smelly has found a friend every time it dips to 600; if it did so now it would complete a nice falling wedge. My favorite targets right now are almost all semis, so I'm more interested in that count than any other.

I guess I could continue to follow the four horsemen into the single digits, but in the spirit of biting out the middle, I'd prefer to get Smelly on a breakdown of this ridiculous corrective wave up.

I'm just waiting for the high probability setup. If I don't get it now, I'll just stand aside.

Didn't somebody say "patience is a virtue" ?

BC



To: AllansAlias who wrote (86802)3/28/2001 1:19:34 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
put buying is a bit pronounced today unfortunately, but i agree the hounds are close to make the transition from sitting up to barking to biting. woof, woof! -g-