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To: 16yearcycle who wrote (50193)4/14/1999 10:33:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
I'd give it a 90% chance of making it past new highs before then. I do agree with the post about the May pullback

That's the problem and my questions:

To past new highs we need volatile short covering; therefore all the anticipation of new highs and then pullbacks can be fulfilled.

Do we have strong shorts support?? and why are they so stupid??



To: 16yearcycle who wrote (50193)4/14/1999 10:34:00 AM
From: Sarmad Y. Hermiz  Read Replies (3) | Respond to of 164684
 
Eugene,

There is something more going on today. Quiet selling. Everything is dropping on good news or no news. But volume is very light. So maybe it is not as bad as it seems. Just the people who have made tremendous profits are raising a little cash for a rainy day. It just feels weird seeing everything tick down. So far it has not caused a rush to the exit.