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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Darth Trader who wrote (51760)9/8/1998 6:45:00 AM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Darth,

>>>>>>> Right, wasn't Malaysia up over 20% last night? If tomorrow doesn't close near it's highs or if the market gaps open and closes down the candles will be bearish. <<<<<<<<

Malaysia was up 22%, and basicly gave back all of its gains, down 21% last night. Now that was a great CLASS SELL per my system.

The media will just say that JAPAN was up 123 points(.83%), but they wont say that the JAPAN market close 404 POINTS BELOW THE INTRADAY HIGHS AND THAT IT GAVE UP 77% OF THE INTRADAY GAINS.

I am really not a permabear, nor do I want to see a huge selloff, but it bothers me when the media or the analysts only tell part of the truth, whether unintentially or not. If partial truths are told intentially, I personally call that a lie.

Seeya