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Strategies & Market Trends : Shorts waiting to happen -- Ignore unavailable to you. Want to Upgrade?


To: Cadaver who wrote (804)11/5/1997 8:52:00 PM
From: Cadaver  Read Replies (1) | Respond to of 852
 
OK dudes, get ready for some bear action.

Go look at the following charts and get back here.

Semis: MOT
Comm: PAIR
Software: ORCL
Comps: DELL

(I have selected four from each category only as illustration. Pretty much the same thing is happening in many other techs.)

What you see is the stock rising fast on very low volume. When this happens immideately after a correction, it indicates distribution.

You can expect another nice and sharp fall in a day or two.

Keep the buy orders ready ....

Bottom fishing excercise time is here. Take care. I'll tell you when to sell them if possible.

-Cadaver