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To: waverider who wrote (4796)10/29/1998 12:53:00 PM
From: cool  Respond to of 14427
 
The Fed has been repurchasing selected
treasury notes the past two days--highly
unusual---this adds instant permanent liquidity to the market



To: waverider who wrote (4796)10/29/1998 1:23:00 PM
From: Lucretius  Read Replies (1) | Respond to of 14427
 
<< MU blasts through a triple top and makes a near, new 52 week high and you're shorting it LT? This is looking a lot like INTV.>>>

that's the point, the trash always makes new highs right before a large decline.

look at what's popping today... internet stocks and MU, INTV, APCC, and INTC trash.

note that INTV is ahead of MU in the topping cycle and what it is doing today... NOTHING.

note DELL is now negative.

I'm showing gold stocks up.

BTW- Brazil is down 4% :)

-Lucretius



To: waverider who wrote (4796)10/29/1998 1:29:00 PM
From: RGinPG  Read Replies (1) | Respond to of 14427
 
FWIW I'm shorting oil service stocks now. The TA is too compelling to ignore. I do expect it to be just a short term trade though. I've made bets against FLC, PDE, VTS, TDW, and CKH. Wish me luck.

osxstocks.com



To: waverider who wrote (4796)10/29/1998 6:26:00 PM
From: browser  Respond to of 14427
 
i agree! this market has a mind of it's own!!! <gg>