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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (257375)	8/22/2003 6:41:36 PM
From: maceng2	Read Replies (1) \| Respond to of 436258

np my cyber guns are on auto track /edit .

To: Box-By-The-Riviera™ who wrote (257375)	8/22/2003 6:59:51 PM
From: patron_anejo_por_favor	Read Replies (4) \| Respond to of 436258

Don't follow the PrudentBear.com bear chat too often anymore....but when I do go there, I always check out Mannfm11's posts, he's a pretty sharp technician. This was one of his from today: prudentbear.com I would have sure traded the early reversal this AM as a top and this is starting to look like a key reversal type day. The Dow made its high on the first 10 minute bar and that is always bearish. Dow and S&P are trading close to yesterdays low and the Nasdaq, though still in the green looks like it could get in that territory too. I don't follow the VIX, but I have felt pretty comfortable about the idea of being short as long as the S&P didn't make a new yearly high, which it has failed to do, despite several attempts. Bears need to be building good short positions here, not trying to shave the top tick anyhow, as this market has appeared topped out for over 2 months now. I think it very important the S&P has not joined the Dow and Nasdaq in making a new high and this appears to be a failure. FWIW, that's the same road map I've been following since June...try to sell the big spike ups in yer faves...It's been painful in some (KLAC and MTG to name too)....but I think they're all gonna work out fine.<NG>