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To: patron_anejo_por_favor who wrote (12314)9/6/2001 1:34:05 PM
From: UnBelievable  Respond to of 209892
 
Nah - I Meant How High Do They Have To Take It

So a lot of people get back in before they take it down to test the lows.



To: patron_anejo_por_favor who wrote (12314)9/6/2001 1:38:49 PM
From: AllansAlias  Respond to of 209892
 
Yup. The tick divergence along with dribbling down is a helluva warning for a short.

Now we are getting some of what I call "PacMan Up". It is the sort of thing I do not fade. Better odds if you fade quick up (that scares amateurs) rather than this sort of resistance-chomping steady up.



To: patron_anejo_por_favor who wrote (12314)9/6/2001 1:39:39 PM
From: JRI  Read Replies (2) | Respond to of 209892
 
Another way to look at it.....did things get whacky starting in '98 or did it all start in '95 (Mexican bailout)?

CW is that LTCM bailout was the start of "the pump"..so those lows should/may hold. Bulls desperately hanging onto that.

The facts, however, point more towards, at a minimum, '95 as Bubbleboy's coming out party....

And I'm not even going into "overshoots", which the market always seems to do, be it on the upside or downside....given we just had the biggest upside overshoot in history...this is s'posed to end w/no overshoot on downside?

Wow, I think I just talked myself into lower targets than yours- ng