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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (11528)1/7/2002 6:24:47 PM
From: Gottfried  Read Replies (2) | Respond to of 23153
 
dabum, I don't think so >10 day moving average crossing up and over the 25 day moving average. This is also bearish.<

Could you explain?

I agree today's price action is bearish.

Gottfried



To: chowder who wrote (11528)1/7/2002 7:08:26 PM
From: jim_p  Read Replies (1) | Respond to of 23153
 
Brother Bum,

I sold another 1/2 of the 1/2 I had left after the first sale today for $11.25. 100% of my IRA was in HAL and it was all sold today with no taxable gain.

The 10 min tape looked to be drifting lower in afternoon trading. Normally the institutions come in at the very end of the day, but I didn't see any large buying near the close?

HAL has now recovered 100% of Thursday and Fridays losses. I don't expect much more than that based on today's close.

Still have a very large position, but only 1/4 the size it was Friday.

Jim



To: chowder who wrote (11528)1/7/2002 8:01:41 PM
From: Sweet Ol  Read Replies (1) | Respond to of 23153
 
Dabum, I also notice that we have a Bearish Engulfing of yesterday's dogi. A similar pattern on August 27 presaged the big drop to Sept 21. Technically, a Bearish Engulfing is supposed to engulf a white candle, but a doji is both black and white. It has been my observation that a key factor is how much bigger the black candle is than the white one.

The weekly chart looks like it has already turned over and the monthly chart looks toppy to me. But, having said that, I still want to see a strong move down before I am convinced it is just not going to go sideways for a while longer.

BWDIK

If we open down tomorrow I'll probably double down on my QQQ shorts.

Best to all,

JRH