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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Killswitch who wrote (14362)8/21/2002 12:40:21 PM
From: Chris G.  Respond to of 19219
 
I agree Brian fwiw. Sev. very bearish charts this am going up a good chunk no less. Strange action today.



To: Killswitch who wrote (14362)8/21/2002 12:41:55 PM
From: dvdw©  Read Replies (1) | Respond to of 19219
 
I'm no trader just trying to stalk my favorites at these lower prices. I am not seeing any sellers in practically anything I want to buy, telegraphing to me that if I sit and wait for your breaks, I may miss what appears to be higher lows. Seems like everything I want is edging up.

High short interest in these issues means the shorts want the same thing as I do, lower prices to cover. But I am guessing there aint no supply, so this market is trending toward a blow UP, eventually.

All IMHO.

But there is a dilemna here for us investors.