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Alias Born 07/15/2002

Re: ItsAllCyclical post# 16159

Thursday, 06/15/2006 4:40:51 PM

Thursday, June 15, 2006 4:40:51 PM

Post# of 19037
IAC ... you really have to keep an eye on the dailies-- it's tough to hold on if you're only looking at the hourlies ... again, getting back to trend strength and the way the days are broken down in three parts. The charts say big volume out there. This snap-back rally has plenty of participants.

Anyway,

-- back here #msg-11546227 I was speculating about how a 3W week might unfold

...expect a crap load of volume tomorrow.

...and I expect to stay long.

My wishlist for the morning is red or flat open before we see green-- I didn't like the open this morning-- too bullish and I've seen this type of open (low volume, gap-up) fail too many times which is why I was bearish on Mega Uranium (sorry Chary). It takes a huge amount of conviction to overcome a crappy open but we did, which is why I stayed long throughout the day.

...again, just trying to keep my natural tendency to be bearish in check.


FP........................................................

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