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Re: pitbull74 post# 5583

Wednesday, 09/28/2005 12:24:58 PM

Wednesday, September 28, 2005 12:24:58 PM

Post# of 44374
My thoughts Pit.......

Don't trust the am gap-up! I see it as baiting. Nothing has happened to justify any runnup except the probability of shorts covering. Now they'll short it back down in the same old zig-zag pattern. Its held for a couple of days I realize, but in my experience, thats part of the "baiting".
Till gte gets on solid ground, this pattern will be constant, as it has been since r/s and amex move. As always, I could be wrong. Either way, I accumulate more or start making money.

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