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To: bearshark who wrote (12281)4/28/1999 4:06:00 PM
From: HairBall  Respond to of 99985
 
bearshark: Well, donald and I have conversed on many a occasions. We do see things often in a similar light, although arriving at the same conclusions via our individual proprietary systems.

However, we find common traditional TA to express those similarities. His insight is usually shorter term and mine is usually mid to longer term, but we both formulate opinions on all.

This is why I posted over the last few weeks the potential for a huge one-day event to the downside.

I don't know about a single massive sell off day at first. If one were to come, it would most likely be after a sustained tug of war with the BTD'ers...<g>

The DJI managed to climb back into the intraday rising trading channel I have been tracking, making today's close...another record. And, that is what JQP will see on MoneyLine tonight...<g>

Regards,
LG



To: bearshark who wrote (12281)4/28/1999 4:15:00 PM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Bearshark,

>>>> This is why I posted over the last few weeks the potential for a huge one-day event to the downside. It may not happen but the conditions are present. Everyone is in trading mode. <<<<<

I was more of the position that there would not be that strong of a selloff, but I am now starting to change my position. With so many now trading on the internet, you could be right about a 1 day exodus.

seeya


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