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To: AllansAlias who wrote (10841)8/23/2001 12:04:52 PM
From: JRI  Respond to of 209892
 
Lately, betting against massive injections day have not been so fruitful...

Today reminds me of something....I often got frustrated (and began to doubt) turns this summer....because, quite often, we would get to key levels...then jello/bob/weave for a day or two.....almost putting me asleep, and then turn hard...I got faked out more than once this summer, mostly by scheduling other activites while the down came hard...

So, I am expecting that we silly around here until tomorrow....just enough so that bulls think we're actually holding levels here (and going higher), when in fact, we are just getting more sucked in (on another wing-and-prayer move)...same fake out jello as earlier this summer....some may call it an exercise in massive distribution.

I'll bail on this scenario if we break your 1858. I'll change (more bullish) if we can close above 1894. My ideal scenario would be hanging in there today, and a fake gap up (and crap) above 1894 tomorrow



To: AllansAlias who wrote (10841)8/23/2001 12:08:00 PM
From: UnBelievable  Read Replies (1) | Respond to of 209892
 
I Always Forget That They Don't Have To Pay For The Fuel Themselves

These summer guys are like young fighter pilots - they are such showoffs - he trying to part it at SPX Unchanged <gg>

I would think by now they would have figured out that when you piss up a rope you tend to get wet.