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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (34376)	3/18/2002 10:32:38 AM
From: marginmike	Read Replies (1) \| Respond to of 209892

Rydex/P/c/VIX is screaming short, as is Liquidity(there are 10 bilion new IPO's this week). However atrend uisially does a litlle overshoot to convince everybody otherwise. Biz at EMC and SUNW are terrible IE Ive pooted IBM today to get a litlle shorter since I am long quite a bit of Qcom and QQQ's. I have to say Qcom chart looks like it could be in for a nice 3 up here, though we could bounce in here a litlle more in the 2. The charts and buying volume of individual issues is actuall more bullish then it has been in some time. And volume on down days weak compared to up. So its a tough call here. However one good rally to get the steam out and we could have a good sell opp. IMHO