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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (347)6/8/2001 5:18:47 PM
From: Susan G  Respond to of 26752
 
HLIT, are you short?

We were watching it weaken all day, and a few people in the room were short. I got so bored I did these charts to illustrate failed 2B tests and ernmor traps <g> It was a perfect example of "It's going down" hints on a 5 min chart when it finally started to weaken. The second shows the klunk, and it actually broke that 200ema at 13 after the close.

home.earthlink.net

home.earthlink.net

I think it will sell off hard on Monday.

What I can't understand is why so many gumps are buying this POS. Although it was not a POS when I rode it from 20 to 100 <VBG> it sure is now.