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

To: stevenallen who wrote (40230)	5/19/2003 4:56:22 PM
From: 2MAR$	Read Replies (1) \| Respond to of 57110

Yah , I finally got Susie and a few others to observe the ISLD sell/buy ratios , and got her more recently to actually look more often at it , which she did for BRCM and EBAY . Though she was desperately wanting to short EBAY at $90 , I wouldn;t hear of it and told her to just leave it alone for the time being , at least until $100 ! hehe But I did mentioned that technique several times last year too, steve , and have been using it all along in my day-trading. It's a simple but absolutely huge indicator , though it was unsuccessful , for instance, when making a read of BRCM a few weeks back which found a momo and reversed seriously back up, which any sector can do if there's a new ap possibility or perception of one like the WiFi WiLan excitement. That's why you see me trading more quietly these days , for it's how I trade alot and few seem to be using it . Most all the big caps can be read this way along with other indicators and respect of all the usual supports and resistances , upgrades /downgrades , valuation calls etc , which many were ignoring (at some point though...) . Was going to mention MRVL to you too , it has been just momo'ing along on the "elation" and earns coming up, but had to take a breather at some point . $28 has been a significant number for it in the past , but MRVL trades in a world of it's own , ISLD or no. EBAY seemed a cinch all the way for $100 (AMZN was also heavily weighted to buy-side ) if you were observing ISLD all these many weeks and months , but sure needed to pull back off that century mark , and everything else follows . EBAY being the gauge of all sanity and insanity in the free world of course. LOL As EBAY was topping and readying for pullback , so did alot of those other little I-Nets pullback from those crazy run-ups... REDF SIFY IGLD SINA etc, all fell back . SOHU seems ready too at $650mil cap.