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To: yu who wrote (5970)	11/21/2002 8:53:51 PM
From: eddieww	Respond to of 10157

Hey Yu! -g- That's post of the year for me. I think you're exactly right about both what a trader "should" do, and why it can sometimes be so difficult to do what one should. I do my worst when I overthink my trading. Trade the price and simple S/R, cut your losses, and let the winners run. That's the ticket. me: short a little yesterday, and a little more today, and hoping the horrible semi b-to-b gets sold as it "should" rather than spark more rally. -nfg-

To: yu who wrote (5970)	11/21/2002 9:08:03 PM
From: Prophet	Read Replies (2) \| Respond to of 10157

Yu, good posting. However, today's volumes were not not normal. Out of the 75 or so technical stocks I track most had blow-off volume, some near triple average volume. That's a scare sign of being left behind. It was not the shorts that were doing the buying today, but rather the longs that are always late into a rally. To be able to satisfy the kind of demand we saw today, someone must had been selling. Either the MMs and Specialist were shorting the heck out of stocks to meet buying demands, or the first wave of buyers of this rally were doing the selling. In either case, the seed has now been planted to start a down trend again.