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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (385)5/16/2002 11:59:30 AM
From: Jeff  Respond to of 30712
 
long legs are nice....<g>

noticed how on t.v now much talk about the risk of shorting...

thats a hidden clue....scare the little shorters now so they won't ride down a market crash....

in april of 2001...all the talk was about the dangers of shorting....they had a major semi pump going....by may when the 2300 top was in....it was all down hill from there...



To: Justa Werkenstiff who wrote (385)5/16/2002 12:51:54 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
Justa, I see the BTK as a big key here in divining the overall market direction.

It is down 5.5% from the peak yesterday, which is more than double the overall market drop from the peak. That should tell us this was an option related ramp.

It is pretty cool that they now have the charts looking so bullish that they can distribute to lots of folks at this level before taking it down. Pretty fascinating how they operate.


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