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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Jack of All Trades who wrote (111305)1/6/2005 5:54:07 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
I don't know what is causing it. But the long set-ups I am finding are in non-tech and tend to be the opposite of "glam-trash".

Like ODP which looks great here. Busted up from that wedge in October and has been doing a nice abc corrective ever since.



To: Jack of All Trades who wrote (111305)1/6/2005 7:24:02 PM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
Yes now that you mention it. I made a mental note when I heard it. Thanks for reminding me.
How do you like the way the screws were tightened? Now we'll have to dig deep into FA to find a weights against earnings. Some are going to get hit real good on this one. I wonder who will be caught the worst with Options already written into LT contracts.

Call it PE Inflation?

Ray


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