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

To: Frederick Langford who wrote (21462)7/30/2002 1:51:08 PM
From: Susan G  Read Replies (2) | Respond to of 26752
 
I think they will sell KLAC hard EOD...
everything is so overbought here, and the nas is at huge resistance and the SOX will be soon.

Feels like an extension of yesterday's short squeeze on the nas though, so it could keep moving on up...

seems so overdone though, and tired. EVERYTHING is in either a triangle, driving trader's nuts long and short or a rising wedge.

KLAC is in a 5 minute triangle here..



To: Frederick Langford who wrote (21462)7/30/2002 2:18:19 PM
From: Susan G  Read Replies (2) | Respond to of 26752
 
KLAC is losin it Fred, the triangle looks like it will break to the downside

edit, just did

and the NQS are getting dumped here
sudden dive in A/D volume also


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