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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Challo Jeregy who wrote (15123)4/5/2002 11:32:10 PM
From: Susan G  Read Replies (2) | Respond to of 26752
 
LOL!

What are you guys all doing on SI tonight <g>

JNPR has a messy bearflag on the weekly, started to break at the close...looks like it's going back to retest the 10 area if 10.73 does not hold? It couldn't break back over the 10 day EMA this week like most others.

On the daily, another messy bearflag, the uptrend line from the Feb lows broke slightly yesterday and really cracked today.

You know outside news, upgrades, bullish analyst notes or any sign of a rally which will cause a squeeze on all these hot traders can change these charts in a split second though. And now that I've noted all the bearish charts out there, we will rally hard Monday <vbg>

They did it before, right when the nas was about to collapse on 2.28 and everyone had been short for days

. March 1 was a huge rally, when you look back at the charts now, it sure looks artificially induced. Especially since we are almost back to where that "rally" began, as of today. If it was real buying, not a ramp job to try to save the nas, it would have held longer than a few weeks. Makes me wonder what number of $ the Feb pumped in the morning of 3/1.

That number you posted yesterday was the recent high I think. Unbelieveable amount of liquidity pumped in yesterday.

And the market tanked anyway, with all those billions added...