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Strategies & Market Trends : Earth Shaker's Salt, Pepper and Most Precious Treasures -- Ignore unavailable to you. Want to Upgrade?


To: Walk Softly who wrote (65)8/24/1998 2:58:00 PM
From: Walk Softly  Read Replies (1) | Respond to of 69
 
Bob Pisani better watch it or he's going to get the "Pawn of the Year Award" from the short camp.....

He missed the point again.... at max divergence of buying vs. selling pressure you have one of the most powerful reversal indicators (extremely bullish)...... he is being used.... he just keeps getting it wrong....

Also, he totally missed the 50 point gap on the open.... of course (most likely) the gap needed to be filled.... we did some nice backing and filling and now we're making a nice paced move..... this could accelerate into the close.... techs indicate a strong move coming soon...... could be today.....

Poor Russel 2K.... looks like we're headed toward the 365-370 support area....... AMAZING... this would be roughly a 25% correction.... I've watched it melt away in "mute nostril agony" (Jim Morrison, "Horse Lattitudes")

ES