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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (2990)	7/31/2001 3:02:35 PM
From: Frederick Langford	Read Replies (2) \| Respond to of 5893

Right behind ya Jer <G> Fred

To: Jerry Olson who wrote (2990)	8/1/2001 1:22:23 AM
From: mishedlo	Read Replies (1) \| Respond to of 5893

OJ - I see everything right at resistance. The whole damn market. NVDA EBAY (about to break the 50 DMA to the downside) AMAT (bouncing off the 50) CHKP PMCS etc etc etc. I am shorting NVDA tomorrow. I think this rally is DEAD. Look at tic/trin on the NYSE Was that a joke? Tick count of +1100 or so and TRIN dropped to a mere .73 at the time. Lots of stuff sold on the downticks for something like that to happen. Buy the dips.?? Crap - It seems right to short the world to me. We are stalling right about where EVERY rally has died. 2078 +- on the Naz. Today looks like one huge headfake to me and anyone buying dips on the SOX after this huge runup is greedy and deserves to have their heads handed to them on a platter. Is this the best rally that month-end tape painting can buy. Look at some charts... stockcharts.com[m,a]daclyymy[pc13!c50!c200][vc60][iUh14,3!Li14,3!Lk14] Is AMAT going to blast thru 50EMA on crap volume like this. PHOOEY. Look at same chart for NVDA, CHKP, PMCS, etc etc. Stochastics are also way way way overbought on this crap. I am not shorting huge, but shorting tomorrow I am. M