COMPX (Halloween) looking sickly. We need to take out overhead resistance to be able to head to higher highs instead we keep dropping back which signifies increasing sell off the highs. That's why we had so many shorts today despite the so-called euphoria of hitting new highs. WHAT IS and NOT WHAT WAS. I see more selling any rally next week as well. This 60 minute chart was posted to subscribers yesterday and from that chart we now have a BREAK OF THE RISING 20 ma, which is more bearish. I don't care if this is part time, what I care about is its NOW.
LAVA #1 yesterday's newsletter bucking the trend in the nasdaq today and its up another 3.86% on HUGE volume (200% above the average) Folks you need to be selective here, KLAC and IBM and NVLS just might not "cut it" any longer <g> GET WITH THE TREND setters! Don't buy yesterday's designer fashions at highs when they could be in Loehman's with their labels cut out at any time trading at discounts.
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