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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?


To: Shaw who wrote (1820)4/4/2001 1:25:12 AM
From: Shack  Respond to of 5144
 
LOL, just calling them like I see them. Thanks for the kind words Shaw. Fundamentally, it made no sense for the SOX to be leading the charge as they are the sector in the most trouble, so I always kept a bearish slant to my TA. He saw the higher low form in mid-march and went ape-shit. He neglected to wait for the higher high.

Still not sure which way we go but I am sitting on lots of dry powder either way, although I am thinking of jumping back on the BBH puts at the open (tracks the BTK).

stockcharts.com[w,a]daclyimy[dc][pb10!b20!b50!b200][vc60][iUc20!La12,26,9!Lf!Lh14,3]

This chart is as bearish as they come.