SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (80168)7/14/2001 6:39:06 PM
From: mishedlo  Respond to of 99985
 
How does a manipulated gap up on light volume represent anything but a manipulated gap up on light volume.
If we opened up neutral and rose 150 points I might agree. The points is 3/4 of that rally benefitted no one but the manipulators that needed to get prices up for options expiry.

Personal guess is that the MM's are shorting like mad and we tank next week. Where was that followthru? Sentiment change on that crap. Ha. Who benefited?

Actually the sentiment change I sense is that J6P is finally tired of this game of chasing after these runups thinking the bottom is in when every rally stalls and dies as soon a J6P is convinced "the bottom is in".

Every rally since April has taken us to a lower high IMHO except for a 1 day headfake here and there that immediately died.

M