SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Mike M who wrote (65261)5/10/2002 11:58:38 AM
From: LTK007  Read Replies (1) | Respond to of 99280
 
<I believe we will have an interesting summer rally.> all depends on how low we get before summer time.
But the manipulated one day wonder short-covering rallies only delay a sustained rally.
If it wasn't for Wednesday's ludicrous event i could well be saying to intermediate term swing players, load up NOW.
For an intermediate term swing player like me the falsely manufactured one day events are admittedly quite frustrating.
Going into Wednesday we were right on the collapse point.
This has been the 2nd time in past weeks this has happened.
It is like last year when we went through this the bulls were mistakenly seeing it as accumulation(it ws in fact distribution) however tanko followed.
The same is going on now, a prolonged distribution as the big money holds the line until they say NOW, let it drop.
I am in FULL agreement with Mishhedlo on this matter.PaxMax