SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (78541)8/6/2003 2:51:31 PM
From: bcrafty  Respond to of 209892
 
That's what I assumed he meant

I assumed he meant the high short interest by the public as opposed to the specialists. Since the public is usually wrong, . . . . well, you know the rest <g>



To: ajtj99 who wrote (78541)8/6/2003 3:01:17 PM
From: The Freep  Read Replies (2) | Respond to of 209892
 
AJ -- didn't you have your main scenario as a bounce from 1214 up to 1239 or so then a new low?

I ask mostly cuz I think today's bounce was the most anticipated bounce I've seen... and it still looks to me like the Dow has spent all day building a wiggle bearish wedge. I am usually wrong about that, though, and it's wiggly. I don't think the SOX and BKX will give all their strength up, but I wiggle shorted into this.

EDIT -- If I am right about the wiggle wedge, the bottom line has been broken.

the freep