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To: waverider who wrote (3152)9/21/1998 7:38:00 PM
From: NucTrader  Read Replies (1) | Respond to of 14427
 
Ahhhhhh, the shorts covering. Market must be getting ready to tank.....



To: waverider who wrote (3152)9/21/1998 7:50:00 PM
From: Lucretius  Read Replies (1) | Respond to of 14427
 
Good grief, I leave the office for the afternoon and the entire thread turns into a bunch of scared bears!!! The rally in NKE was WEAK. Less vol than the day before and it didn't close above 40. You're going to be very upset w/ yourselves for bailing. As for everyone getting "scared" into covering shorts today! COME ON!!! That rally was the weakest I've seen. Breadth was awful, down vol trounced up vol, and overall vol was weak. We're headed DOWN, my guess is by Wed or Thurs of THIS week, w/ a breach of 7400 next Tues.

sorry, I had to get that out, I just felt as if the troops ran off and left me just as we were bursting into the enemy fort (finding that the enemy was dead). (GGG)

re-put as soon as possible.

-Lucretius