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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (46651)4/3/2002 10:19:50 PM
From: Jim@Inland  Read Replies (1) | Respond to of 99280
 
I'm not sure I see the fake breakout on the double tops in Dec. Jan, however I do agree that it's hard to believe an inverted H&S pattern could lead to substantially higher prices in QLGC with all the bearishness. Also the fake breakout with this double top is clear.

However with the ever increasing short interest, and the fact that QLGC was strong all day, holding a lower trendline that is trending up, I wouldn't be surprised to see it test the neckline again before heading south.

I scalped qlgc for a buck today short, but buying to cover was like buying a stock with no float.

Good luck tomorrow Zeev

Jim



To: Zeev Hed who wrote (46651)4/3/2002 10:47:35 PM
From: StockOperator  Read Replies (1) | Respond to of 99280
 
Zeev,

First post on your thread, but I have followed it for some time. I just wanted to say that I admire all your hard work and dedication. It takes a lot of guts to put yourself on the line day after day. You do it with great style.

Keep up the good work.

SO


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