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To: AllansAlias who wrote (12499)9/7/2001 12:04:29 PM
From: Gut Trader  Read Replies (1) | Respond to of 209892
 
Fwiw- no block trades on SPY over 3 million since 7/31

Buy Rosh Hashana 9/18 sell Yom Kippur 9/27



To: AllansAlias who wrote (12499)9/7/2001 12:05:38 PM
From: Justa Werkenstiff  Respond to of 209892
 
Allan: Re: "I just had the weirdest premonition/deja-vu sort of feeling that we're going to melt up."

Don't know about melting up BUT a reversal with a Nasdaq bounce looks to be in the cards if not today then Monday.



To: AllansAlias who wrote (12499)9/7/2001 12:08:40 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 209892
 
<<I just had the weirdest premonition/deja-vu sort of feeling that we're going to melt up. Very strange>>

Must be from the weed yer smokin' in the weeds! Musta got ahold of some of Chic's "Lumbar Spine", that stuff'll cause you to dream in black and white!<G>



To: AllansAlias who wrote (12499)9/7/2001 12:10:25 PM
From: ild  Respond to of 209892
 
IMO what we see is pure institutional selling. By reading message boards I see that bulls are long AND bears are hedged because of TRIN, VIX and long expected bounce. IMO it all doesn't matter if Mufu are selling.

Do you pay attention to liquidity?
trimtabs.com
<<<LIQUIDITY BEARISH WITH NO RELIEF IN SIGHT. CORPORATE INVESTORS ARE NOT BUYING. INDIVIDUAL INCOME GROWTH, EX -TAX REBATES STOPS. CONSUMER BORROWING SLOWS>>>



To: AllansAlias who wrote (12499)9/7/2001 12:35:53 PM
From: byhiselo  Respond to of 209892
 
being partially long from yesterday i'll sell any meltup

today because it would royally muck up my scenario (actually comfortable with my buys from yesterday which ain't a good sign -g)

from this point, wouldlike to see 2 steps up/1.5 steps down
type of progressive build in this market

failing that, waiting on new lows in the indices
to get selling passion going and add to longs

cheers