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To: Broken_Clock who wrote (403)5/22/1998 7:22:00 PM
From: Timelord  Respond to of 14427
 
<<Short sellers come in and then close out at the end of the day causing a pop.>>

No one on this thread would ever do that, would they? <G>

Alex



To: Broken_Clock who wrote (403)5/22/1998 7:22:00 PM
From: Lucretius  Read Replies (4) | Respond to of 14427
 
yea, I was commenting that the article is a classic contrarian signal of a top. Joe Shmoe leaves his job as a Burger King drive thru guy to "trade" in the mkt because it "is so easy" to make money. I can't TELL you what a sign of a top this is. Don't blow this off. I think next week could be UGLY. NASCRAP broke out of its triangle to the DOWNSIDE and is now below the 50 dma. DOW and S&P look to be ready to break to the downside out of their triangles as well. Tues could be a bloodbath.

Hope our gold can weather the storm?