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To: The Freep who wrote (58221)10/31/2002 5:52:56 PM
From: At_The_Ask  Respond to of 209892
 
We can always rally and don't need a reason, although any of the ones you stated will do. I will attribute it to short covering. Bears are convinced that this thing is done.



To: The Freep who wrote (58221)10/31/2002 6:14:20 PM
From: Shack  Respond to of 209892
 
how come everyone here didn't trade it long?

What's long?-g Actually I doubt any coin could have been made that way either. It looked more like a prop job than a ramp. Personally a rally tomorrow wouldn't surprise me that much.

As for the Softie swoon after-hours it may not mean anything but that thing really looks like a completed flat on the dailies out of the July low. Great structure in the 'c' up too, nice 5 wave move with symmetry (so far).



To: The Freep who wrote (58221)10/31/2002 7:47:31 PM
From: JRI  Respond to of 209892
 
<so what> You have taken up the AA mantle well, Freep.

Essentially, one has to do SOMETHING while dying a slow death watching this thing meanander aimlessly. I guess my method is to discuss conspiracy theories. If we finally do get some direction, I doubt I'll care news (time to put the work gloves on!)

I do think there is some benefit in watchin' da news....Sometimes I like combining technical and fundamental arguments. I know this isn't everyone's cup of tea, but it gives me a certain comfort level. Of course, technicals rule...I use some fundamental schtick as an ancillary indicator..

If we rally tomorrow, I'll hold my short until a short overthrow on the 1347 (and then reassess). That would make me flat over the last 2 days (up nice after today), and I can live with that.

I think price AND volume matters, but whadda I know? g

A pleasure as always, Freep