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To: John Madarasz who wrote (5137)6/15/2001 10:22:41 AM
From: Shack  Respond to of 209892
 
Thanks John, you certainly contribute as well to the thread's success.

I think I have the Ameritraders figured out. They buy dips and sell rallies...period! They do exceptionally well in ranging markets but they bought all the way down to COMPQ 1600. They also sold all the way up during the recent rally.

I think the market is tanking too hard for this to be distribution. Institutions were selling at higher levels than this.

This is J6P and his funds dumping. The AMG outflows support this as do the Rydex MM assets which have been balooning.

Who knows though, the shit could retest its Apr 4 lows tomorrow for all I know and you'd be more than right.

My next trade is 'likely' a long.



To: John Madarasz who wrote (5137)6/15/2001 10:50:40 AM
From: JRI  Read Replies (1) | Respond to of 209892
 
*OT* Why your kids should never play football....

From CNNSI...

Finally, with the U.S. Open playing in Tulsa this week, we bring you this Tiger Woods story. In 1996, Giants fullback Greg Comella, while a sophomore at Stanford, was in a study group for an Art History midterm with other Cardinal students, including freshman golfer Woods. The subject of what they were all doing the following week on spring break came up. "Some guys were going to southern California, some to Arizona," Comella said. "Tiger says: 'I'm going to Augusta.' I was impressed. I said, 'Wow! The Masters is the toughest ticket in sports. How'd you get in?' And Tiger says: 'Dude, I'm playing in it.' Talk about being embarrassed."



To: John Madarasz who wrote (5137)6/15/2001 2:17:27 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Up off bottom was A. Triangle for B wave. If so, it will take off here for C.

Just a thought. have to run...