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To: jjs_ynot who wrote (2059)2/27/1998 12:07:00 AM
From: TLindt  Read Replies (1) | Respond to of 8545
 
Well I know dave nobody here sees much value to line trading....but as jumper suggested in an earlier post a lot of people rely on this TA stuff has markets are heated up....as a defensive measure it is always nice to know what is going on in the other guys huddle....if you are going to play ball together...it gives you an edge as to their potential actions.

Probably nobody caught I but you and I.....but frankly this doesn't supprise me at all...it was predictable to a certain extent...and I don't believe it is over. (tight spring thing)

Todays action, down movement and volume makes this sucker stick out like a sore thumb...now it will be interesting to see if the momentum players jump on and kill this thing quickly...so we can get back to longer term fundamentals.

I'm holding off on any buying until this overkill is over and the spring has sprung.