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To: jjstingray who wrote (80658)9/5/2003 1:19:35 PM
From: The Freep  Respond to of 209892
 
<<What the hell just happened.>>

Ya know, JJ, the market doesn't go straight up <g>

Bulls haven't had even a minor scare of late. And the bullish sentiment on this thread is as high as I can remember for a lonnnng time. Mind you, that sentiment is that we've just got one more oomph up before a correction, but still. That said, although we've broken some shorter term up trendlines in, say, the dow and s+p -- and we've broken a kinda rectangle consolidation in the dow, it won't be bearish unless 1015 S+P gets taken out, I'd think. Then we'd have a weekly closing flopperooni. Fuddle is the only one I know of who's called for that, so he may get to serve some crow.

the freep



To: jjstingray who wrote (80658)9/5/2003 1:20:57 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 209892
 
Broke some minor support... I tried a long just below todays low and was stopped out for -1.5, but I got filled .25 better than my stop. So I took another long at 1019, dumped half and now holding the other half. I think the large houses were hunting for stops?