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To: JRI who wrote (50968)8/22/2002 10:33:56 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
I am talking about tape reading here more than looking at p/c's and such. Those can show overbought for a fair time if shorts are pinned.

Doesn't matter what all the quants and chart-chasers say. The cycle of incredibly shallow pullback followed by fresh highs has continued and we see it again this morning.

I will say this: We are getting very close now to targets I like.

ps: BTK... that so wants 408. -g/ng No matter what tho', we gotta just watch the lower wedge line for the break, no matter where it goes today.



To: JRI who wrote (50968)8/22/2002 10:52:40 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Heading out for meetings until EOD. Darn, I think today could be interesting. Good luck.