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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (18361)	12/4/2002 11:23:50 PM
From: t2	Read Replies (2) \| Respond to of 30712

I picked up my SAN Suckers short positions today and also bought USPIX fund...so I'm right on with your cue here...let's see how good is this signal... That seems like bad timing,imho. Intel tomorrow afterhours; they guided conservative for this quarter and won't surprise me to see them at the high end of expectations (Dan Niles comments Monday as well). You can bet that traders got their signal to short the market, whether it was Monday/Tuesday/Wednesday.... it does not matter. Therefore you also have a high probability of a late Friday surge higher in the markets, thanks to a short squeeze. The odds are better for a strong close to the week. Seasonality will work against the trends bears have been following all year. I increased my long position quite a bit today. This "pullback" is a bear trap, imho.