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To: velociraptor_ who wrote (4983)	11/1/2002 4:21:50 PM
From: Abner Hosmer	Read Replies (1) \| Respond to of 10157

Right on, Bro. Puts a different perspective on it when you think about going long here. SHORT AND HOLDING. Onward into the Valley of Death.. Hosmer

To: velociraptor_ who wrote (4983)	11/1/2002 4:22:45 PM
From: Boolish	Respond to of 10157

The 52 week lows on the DOW????? I could sure use that as my Jan pootz down by 50%

To: velociraptor_ who wrote (4983)	11/1/2002 4:24:02 PM
From: sandeep	Respond to of 10157

Do you want to bet on 8600+ on monday? EDIT: The great velo might be right. msft selling off now. The devil is always in the details i suppose

To: velociraptor_ who wrote (4983)	11/1/2002 4:33:13 PM
From: rmullin6044	Respond to of 10157

You're absolutely right Velo. You were calling for a rally and almost everyone on this board was calling you crazy. But you seem to start calling the turn about 500 DOW points early. Anyone going long has to be buying only on the "greater fool theory" because there's no fundamental reason to buy. Ultimately, they'll find out who the fool was unless they're smart enough to sell at the top.

To: velociraptor_ who wrote (4983)	11/1/2002 4:41:46 PM
From: Mongo2116	Respond to of 10157

That's your guess right.....like todays 1290 target.....cause all it is, is a guess. Well...now they got msft juice to pump with.....guess again.

To: velociraptor_ who wrote (4983)	11/1/2002 4:45:33 PM
From: greenehugh	Respond to of 10157

I'm long a bunch of low priced tech (SUNW;SEBL;RMBS etc.)that have broken out above their 50/200ma's on volume. Why fight the tape?

To: velociraptor_ who wrote (4983)	11/1/2002 4:54:38 PM
From: Lucretius	Respond to of 10157

are you high?

To: velociraptor_ who wrote (4983)	11/1/2002 5:22:05 PM
From: Israel	Respond to of 10157

I agree with all your points but one: There will be no surge to the upside. MSFT being up almost $4 AH pretty much guarantees a surge Monday morning wouldnt you agree?? Israel

To: velociraptor_ who wrote (4983)	11/1/2002 5:46:14 PM
From: illyia	Respond to of 10157

I love you, Velo! This is serious, this is not a crush.... illyia

To: velociraptor_ who wrote (4983)	11/1/2002 11:36:19 PM
From: Jimbobwae	Read Replies (2) \| Respond to of 10157

Velo, Here is a set: SPX - Daily _8over20Ema - aka up trend. _Stochastics bouncing off of 50 - a powerful up move indicator _OBV is positive stockcharts.com[h,a]daclyiay[pc8!c20!f][vc60][iut!Lh9,3,3!Lg]&pref=G Weekly of the same thing: stockcharts.com[h,a]waclyiay[pc8!c20!f][vc60][iut!Lh9,3,3!Lg]&pref=G Watching for test at 20EMA weekly (910). This should happen Monday or Tuesday. Other Factors: * Pnf shows double top breakout * Today was first of the month - Common buying day especially after the eoy for Mutual Funds. * Fed Mtg Run typical rise ahead of the meeting * A suitable supply of twice thinking bears, and an overabundance of starved bulls + the politics of pushing the war with Iraq off until the beginning of the year so as not to screw-up the holiday shopping season. The validation will come two days after the Fed. That pull back will determine if the retrace holds or cracks.

To: velociraptor_ who wrote (4983)	11/1/2002 11:47:53 PM
From: LTK007	Respond to of 10157

This is my response that i gave to your post on the P&S thread. -----velo said<< I am sticking to my data. This rally is done.>> i like that kind of conviction. And i today, just watching all those Astrikos measures, saw one of this most manifestly manipulative ramps in what have been a series of no logic ramps or bizarre, twilight zone gap-ups. Today all indicators from after the release of the ISM number on were without hesitation "gogogogogo-pushpushpushpushpush." That happens to be a very bad sign for the bulls. Not the least of which it can be a red alert that the bigboys were keeping a retentless amount of positive ticks IN ORDER TO GET IN PLACE THEIR SHORT POSITION for the plug pull. Remember a continuous up ramp is what shorters WANT when flipping positions. We may go a couple more trading days, at best,imo. Regards pension funds, endowment funds, and insurance company buying;( "our time line is 100years, so we don't care when we buy":) that be not manipulative, but they do give the big boyz a neat weapon, as they can count on their behavior pattern. Max p.s. the paraducks:) because the 2001 pattern worked SO PERFECTLY today(too perfectly), i am coming out and now saying the 2001 Oct thru December pattern will NOT repeat itself.