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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: SpecialK who wrote (36839)	4/15/2003 6:47:42 PM
From: GREENLAW4-7	Read Replies (1) \| Respond to of 57110

ty

To: SpecialK who wrote (36839)	4/15/2003 6:52:41 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 57110

yesterday the s&p 500 just crossed over the 200 dma for the first time in 3 weeks...otoh, volume is not quite up to par, but after today's earnings tomorrow's volume should pick up ....it feels like a confirmed rally...

To: SpecialK who wrote (36839)	4/15/2003 7:48:02 PM
From: AugustWest	Read Replies (1) \| Respond to of 57110

A good indicator tomorrow will be if we gap and crap or gap and hold, to how things continue. It's always easy to give or find an explanation after the fact, but one of the reasons I was mildly bullish with my WAG today was primarily because the previous day we didn't just gap and flat line but rather a continual rising through out the day. finance.yahoo.com^IXIC&d=c&k=c1&a=v&p=s&t=5d&l=on&z=l&q=l So I figured there was a bit more to this than just a futures pit manufactured rally. Of course, it could now mean that the little guys, the mom and pops, the J6P were getting in the past couple days Which would also indicate we're closer to a top than a bottom. As much as I think we should probably head lower, I see it going higher and let my trading follow that trend til it goes against me. I'm probably totally wrong but I'm aiming towards being just about 1400 or lower by Thursday's close. Or well, wait, Firday is closed, sunday is Easter. Maybe wee trade a bit higher into next week. Damn, gonna have to go back to the drawing board now. I got caught flat footed with my sebl short position. How dare this rising tide lift everything. But I guess even POS turds float until they get water logged<GGG> I'll have to do a little sebl shuffle tomorrow.