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To: Shack who wrote (61652)12/14/2002 9:29:37 AM
From: JRI  Read Replies (1) | Respond to of 209892
 
<HER hockey> Woa, dude.....I got your back when its that's time of the month-g



To: Shack who wrote (61652)12/14/2002 10:03:51 AM
From: JRI  Read Replies (1) | Respond to of 209892
 
Regarding bearish charts: On the Monday we spiked to 1520, charts were throwing off mostly bullish reads (recent breakout), and yet, that would have been the perfect price point to start shorting this move.

I guess my point being: If we stop at some resistence point, it will only be in retrospect that the charts will recover...by then, one could miss many pts. in the move waiting for confirmation.

I gladly wait for a "meat" move (3 of 3) but I don't think we've had many of those lately, so one must play (more) s/r?

I do agree with AA that their is genuine bear excitement now, and bulls seem a little flustered...that, plus low volume/Xmas, make me ponder a "surprise" upside move after not too long..I guess I'm also rooting for that holiday move to drive AAII bear # into single digits ng, g



To: Shack who wrote (61652)12/14/2002 3:59:21 PM
From: At_The_Ask  Respond to of 209892
 
The only hope for anyone bullish here is that the move off of the 12th high is a b. Then we should get a c up maybe to 1430 starting monday. However it sure looks like a 1 of something or a series of ones and twos. Then we get a 3-4-5 next week. Maybe to 1320 or lower.

If we get the c up it seems more down should follow as I would expect any further major up moves to be impulsive.


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