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To: AllansAlias who wrote (42672)6/20/2002 2:36:37 PM
From: ild  Respond to of 209892
 
Allan, I understand what you mean. It's been over a month since May 8, but my pants are still all wet. -G- And I wasn't very short there, but I saw too many dead bodies of amateur short sellers on that day.



To: AllansAlias who wrote (42672)6/20/2002 3:01:44 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Agreed, when a flag slopes down like this, it is more likely a wedge/diagonal than a consolidation. We should get that classic bear trap low which tends to go along with
it.

Edit-alternatively it is a running correction which means a hard dump is coming. We'll know shortly.

I can't help but think Softie needs another high for its move out of early May.