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porter

06/02/03 12:01 AM

#113471 RE: SI_Shack #113470

Shack--

You're not understanding my count or I'm NOT articulating it well enough. (It's starting to sound like: "Who's on first?" <gg>)

In any case we are in agreement that we are goin' higher with both of our counts.

--Porter
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porter

06/02/03 1:09 AM

#113474 RE: SI_Shack #113470

One more time--

From the Summer high in 2000 to the low in October 2002 we have completed ONLY the left side of a rising wedge that is in the shape of an inverted triangle. A more ominous count says we have only completed Wave A down and we still have B and C to completed the left side.
I do think in the final analysis the counts will all be part of larger extended ones.

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Jerry Olson

06/02/03 8:35 AM

#113485 RE: SI_Shack #113470

agree Shack

we are under major accumulation based on hugh volume last week with buys swamping sells, reversals up to downs etc..i have never seen a week quite as bullish as that...

and people are "still" trying to short this amazing rally?

incredible.,...i cannot understand why people are not buying the dips...

everyone should be looking at the prices of stocks just 1 month ago and where they are today...

and then there are the people trying to jawbone this market down...whew! saying the same thing over and over again and again...ridiculous thinking...

the sentiment, and perception is buy buy buy...yes even at these levels..just use stops...hard stops not mental ones...

someone asked me 2 weeks ago, and then again last week, would YOU buy here?...heck thats exactly what i've been doing, and taking sweet profits all along the way..

wake up folks...knock knock...hello?