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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (2481)	5/11/2001 4:04:12 PM
From: AllansAlias	Read Replies (2) \| Respond to of 209892

No way man. I like my sleep. You can have those gamblers. RSI divergence continues. Take a look at 30min -- no new RSI low. Grmmph! It's a small thing. One can't read much of anything when all the market does is go sideways, and that is precisely all it has done. Rate cuts up the wazoo... DOW/NYA hasn't done squat in 2 years. Money printing beyond what even the most insane monetary liberal would sanction. The fastest rally off of lows in the history of American markets. Consumer credit max'ed out past comprehension. WS equity allocations at record highs. Commercials still net short. Fannie Mae issing new paper to the masses. Yup, situtaion normal -- AFU. I wouln't buy leap calls on this market with your money -g. One may as well just flush it down the toilet and get it over without the pain.

To: Shack who wrote (2481)	5/12/2001 1:30:41 AM
From: Eurobum1	Read Replies (2) \| Respond to of 209892

Sharcky san...enjoy your Molson...but a little bit too early for your calls. I'd rather take a chance to wait for the Monday morning shake-up to go long till 11:00 am PST Tuesday. IF I have profits with my Monday longs I'll use them to gamble with Mr. Market by accumulating puts before Maria Bartholomo jump up and down with the rate cut. This is Friday night Sake talk in the Karoke bar, no TA, no waves count nor tea leaves reading to support the irrational gambling habit. Have a nice weekend. My mom said it start to getting hot in Montreal.