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


To: t2 who wrote (30110)6/16/2003 9:53:59 AM
From: Rich1  Respond to of 30712
 
Agreed..<g>



To: t2 who wrote (30110)6/16/2003 10:23:36 AM
From: JRI  Read Replies (1) | Respond to of 30712
 
t2-(If we are talking threads only) I don't know if I share your sentiment...I think its a pretty mixed crowd here...some long not willing to sell until further downside follow-up (and some still looking for spectacular/big up still), several in the wait-n-see camp here (including many bears- have you read Clown-Free Zone lately?...as bullish/open to bull in long, long time), and some thinking that 3B share day was exhaustion gap, and key reversal..

There have been some turns in indicators (by no means conclusive, but an objective person can not deny the lower volume in this past week's up, and Soxx's weakness) that have turned bearish or neutral, and there are some huge ninjas at (950/1170, etc.) which basically would be a retest of breakout a few weeks ago...not a totally illogical place for both bulls and bears to wait for (where we going short-term)..

And, we are in summer too...not exactly the time (historically) to be thinking big upside gains (although anything is possible)..