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James Bondage

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James Bondage

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Friday, 05/02/2003 11:29:29 AM

Friday, May 02, 2003 11:29:29 AM

Post# of 704019
I think short is the right side of the trade for the next 2 weeks. Many stocks are hitting new highs on a lower RSI. BPCOMP levels should signify a top here soon, but that's been the case for weeks. Ultimately, Zeev will be right, we are headed lower. Protect yourselves accordingly or hedge long positions. This is all IMHO, but I've been around the block long enough to know that this is NOT a sustainable move upwards.
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