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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (5025)	11/1/2002 9:10:05 PM
From: At_The_Ask	Respond to of 10157

"AA"-don't forget the T..-g- I'm flattered but alas am not worthy. Speaking of AA when he stopped in a couple weeks ago and commented on the two gaps, he said a good trader would sidestep this mess. Two weeks later and still a mess. Wish I'd gone flat then. The only people making money off this are day traders and thats if they haven't got flattened a few times which most undoubtedly have. This big ramp and the consolidation at the highs really looks like a simple bull flag that should be bought. It doesn't seem to compute that it should spend so much time way up here and then just fall. Usually things trend, consolidate and continue the trend. It's not unprecedented that it could collapse but I'll just wait for direction to reveal itself. There should be plenty in it whichever way it goes. The high bullish percent seems bearish. Fundamentals are bearish but maybe they aren't as bad as we think. The unknown is how many shorts still haven't covered, and how many clowns who went flat are rushing in now because they think they are missing out on the new bull? Until those unknown factors are whittled down then we continue up. When they start to run out we will see it in the tape. So far I haven't seen it yet. My preferred weekly count says we go to spx 1050. Seems nutty but it could still happen.