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To: Lucretius who wrote (111444)	7/6/2001 3:59:52 PM
From: Real Man	Read Replies (2) \| Respond to of 436258

What if there is no big rally on Monday? Let this decline work it's way down -g- There could be a rally, but it seems to me NAZ must decline a bit further short term.

To: Lucretius who wrote (111444)	7/6/2001 4:01:48 PM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 436258

TURN THOSE MACHINES BACK ON!!! TUURRRNN THOSSEE MACHINES BBBAAAACCCKKKK OOOOONNNNNNNNN!!!!! Why not? They did last Friday! ROTFLMAO!

To: Lucretius who wrote (111444)	7/6/2001 5:58:40 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

>>i didn't but i am NUTTY -g- << I covered some because I'm not <ng>

To: Lucretius who wrote (111444)	7/6/2001 6:46:38 PM
From: pater tenebrarum	Respond to of 436258

i was tempted, but decided to go the nutty road as well...-g-

To: Lucretius who wrote (111444)	7/6/2001 9:49:13 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 436258

I covered yesterday ( to soon ) and I started buying today, likely to soon again..:-) Jim

To: Lucretius who wrote (111444)	7/6/2001 9:58:37 PM
From: Bid Buster	Read Replies (1) \| Respond to of 436258

i never cover..i'm still trying to figure out how to place a buy to cover order. <G>

To: Lucretius who wrote (111444)	7/8/2001 12:57:09 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 436258

The only real chance this market has for a rally is with the market makers, marking up bids to hit some stop loss orders the shorts put in. They may just do taht too. The low volume had even lower upticks which seems to say to me that shorts were selling every up tick they could find. It's tough to short when there is a buyers strike as you can't find anyone to short to until the stocks get marked down so much that you wind up going short below the market makers who then start buying from you to clear out their own shorts. Once they are clear they will mark things up to get the stop loss orders and get ready to short again just as soon as they see the majority of the mullets running for cover. --------------------- As odd as it may sound even in this bear market 80% of the shorts have lost money, they just don't get in front of the market makers and have been the dumb habit of using stop loss orders that the market makers watch and know just when there are enough to create a rally that they can short into. ------------------------- The trin has been high for several days but the last two days it was over 5, that mostly happens when shorts are taking every uptick they can find and not always but most often it signals we have as many shorts as we can get in the barrel..( lets get ready to shoot them ) hell we don't have any buyers so there isn't anything else to do. Once the market makers cover the rest of you won't have a chair to sit on. ----------------------------- I can see shorting a trin up to 2.5 but beyond that and your getting to the party sort of late of course the market makers don't mind after all they went short on the 29th and again on the 2nd, getting short when there is a buyers strike is risky..also there were no real amount of sellers Friday either or we would have had much higher volume. While I don't see the market going up very much, I also see it's over loaded with shorts at this time and it will have to take a few of them out before it drops much lower. Mondays have been following Fridays move but that can change and a lot depends on what the dollar does over the weekend. It's a lot stronger than I thought it would be at this time , so I haven't been right there at all..I may have closed my short to soon however I'm not fighting that dollar that just seems to go on up in spite of everything. I think when it does break we could set some new lows, and if the big conglomerates can get their way and devalue it then the market can go ahead and crash as foreigners bail out and we can get it over with. For some reason with all the dollars the fed has printed they are in hiding & it looks like it will take a de-valuation to pull them out,,but then the flood of dollars will hit and the good old fed gets the inflation it's been worrying about for so long. In the next four years the Gov will go from it's make believe budget surplus to the biggest deficit in history. Jim