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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: kailuabruddah who wrote (28723)	3/16/2005 1:42:16 PM
From: russwinter	Respond to of 110194

This is a bit hyperbolic, but I think accurately describes the kind of games being played with these rollover chart patterns that bears like us focus on. Of course once the back of this market is broken, which I think is at hand, the canards behind these jam jobs will just trap themselves in at the top. wallstreetexaminer.com

To: kailuabruddah who wrote (28723)	3/18/2005 7:57:51 AM
From: russwinter	Read Replies (2) \| Respond to of 110194

Real good chart discussion on consumer stocks. financialsense.com Illustrates the bifurication that rages on between Bully Bubbles and Joe Sixpack, as Bully uses his credit lines and his position in the maladjusted employment sectors (2% of all workers in Calf are realtors) losangeles.bizjournals.com to unmercifully pound regular people, with inflationary pressures. There are divergences developing within the Bully Bubbles but still looks somewhat early stage. The casinos appear to be running out of stream. The restuarants are at critical level, and are at extreme valuations. How would you play a flag pattern? I'm thinking I may just short this one if it pops up to the congestion at 34.75 on light volume. Money flow is negative, and rather intense distribution lately. The final spike up was a broker recommendation. Light short position at 2.7%, so not squeeze exploitable by the jam jobbers. There is a quarterly report on 3/23, so perhaps call buying would be the safer bet. I would think these guys would be having food cost inflation problems? stockcharts.com[l,a]daclniay[pd20,2!b50][vc60][iUc20!Lf]&pref=G finance.yahoo.com MIK might be a good China Train Wreck play, but we'd have to see the kind of action going on in SONC first. ACMR another craft has already rolled over. Ultimately the trendy Metrosexuals like AEOS, ANF, TO, PSUN, and URBN, would be amazing shorts, but right now they are Investor Business Daily momo freight trains. There was an important clothesline in GTRC yesterday however. stockcharts.com[l,a]daclniay[pd20,2!b50][vc60][iUc20!Lf]&pref=G Finally AN might be shortable on a weak low volume bounce to the 50 MA? There was high volume alert. 6% of float is short, so not too exploitable by the jam job Pig Men. stockcharts.com[l,a]daclniay[pd20,2!b50][vc60][iUc20!Lf]&pref=G finance.yahoo.com I wrote naked April 30 calls on PENN yesterday at 1.90, near the top of the daily range.

To: kailuabruddah who wrote (28723)	3/18/2005 8:14:46 AM
From: russwinter	Read Replies (2) \| Respond to of 110194

Good discussion on the buying new high breakout IBD playthings, hasn't been working: wallstreetexaminer.com Think the reason for this is the IBDs are already fully invested, and on margin, and now their accounts are more stressed from these price failures. They can't leverage their buying power anymore. The spikes are nothing more than short stop loss squeezes, and there simply isn't the capital to drive it higher. Sign of an exhausted, over manipulated market IMO. So I think these kind of situations are dark side exploitable, but as you say, avoid the highly shorted ones. I say over 6%, one should be careful near the highs.